3406 Us 64 Waterflow, NM 87421

This exceptional 22.7-acre property in Waterflow, New Mexico, presents a unique investment opportunity. Currently used for agriculture, the land offers significant potential for subdivision or development into commercial or residential uses. Approximately 17 acres are dedicated to irrigated grass hay and pasture, utilizing water from the Jewett Valley Ditch (a concrete-lined ditch with an 1878 irrigation priority). The irrigation system includes a headgate, multiple valves, and piping. The property is cross-fenced for efficient livestock management, featuring corrals, pens, feeders, a frost-free spigot, and a Richie 4-hole waterer. Approximately 4 non-irrigated acres north of the ditch provide a potential building site. Utilities include access to electricity and two Lower Valley Water lines with a meter. The property boasts approximately 895 feet of highway frontage on US 64, with additional access from Road 6900. Please note that mineral rights are not included in the sale. The property is located at 3406 US 64, Waterflow, NM 87421, and encompasses 958,320 square feet. An assessor's map is available upon request. Asking price is $375,000.