Farmland with Highway
For Sale
$695,000
State Highway 55 - Land, Estancia, NM 87016
LAND - Estancia, NM
Property SizeContact for details
Lot Size640.00 Acres
Days on Market199
Property Features for State Highway 55 - Land
General Information
Property type
Land
Property subtype
Other
Zoning description
AP
Lot features
Meadow, Views, Acreage, Stream Creek
Directions
From Albuquerque take I-40 E. Go for approximately 35 mi.Take exit 196 toward NM-41/Howard Cavasos Blvd. Turn right onto Howard Cavasos Blvd N (NM-41) toward Estancia. Go for 17.2 mi.Turn right on NM-55. Go approximately 5 miles. Section 7 is on the right. The first corner is at Bluegrass and Hwy 55. The other sides are Peacock Road and Alan Ayers Road West.
Subdivision
292 - Estancia McIntosh
Standard status
Active
APN
1043035130133000000
Lot size
640.00 Acres
Taxes and HOA fees
Tax Annual Amount
54
Utilities
Water source
Private, Well
Building Details
Additional Structures
Outbuilding
Listing Agency:
The Sanchez Group Realty
(505) 384-3042
Listed By:
Clint Hanley · License #REC20220063
(509) 314-5002
Added: Jan 21
Changed: Aug 3
Last Checked: Aug 8 at 8:06PM
MLS# 1097498
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is approximately one square mile of agricultural land totaling about 640 acres. The property is fenced on all four sides for contained livestock use, and it includes three wells (buyer to verify condition). There are also two double-car cement block garage/shops on site. The original homestead building is not salvageable.
Access includes frontage on NM Highway 55 on one side, with the other three sides served by gravel county roads. The layout is designed for long stretches of privacy and self-contained use, with the ability to spend time on-site without leaving the property.
For ranch operators or land buyers planning an agricultural operation, the combination of acreage, existing perimeter fencing, and multiple wells supports starting or expanding cattle ranch activities. The on-site garage/shops provide enclosed space for equipment and ranch storage, while the lack of a salvageable homestead means future improvements will be needed based on the buyer’s intended build plan.
Access includes frontage on NM Highway 55 on one side, with the other three sides served by gravel county roads. The layout is designed for long stretches of privacy and self-contained use, with the ability to spend time on-site without leaving the property.
For ranch operators or land buyers planning an agricultural operation, the combination of acreage, existing perimeter fencing, and multiple wells supports starting or expanding cattle ranch activities. The on-site garage/shops provide enclosed space for equipment and ranch storage, while the lack of a salvageable homestead means future improvements will be needed based on the buyer’s intended build plan.
Key Highlights
- ~640‑acre property (about one square mile) with NM Hwy 55 frontage on one side
- Water source includes 3 wells on the property (buyer to verify condition)
- Includes 2 double‑car cement block garage/shops
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 87016, NM
3,091
Population
1,390
Households
2.2
Avg Household Size
44
Median Age
11%
College-Educated
90%
High-School Grad
582.6 sq mi
ZIP Area
5
Density / Sq Mi
$44,129
Median Household Income
$30,879
Median Earnings
$823
Median Rent
$117,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Ranch - Fenced farmland features three wells and multiple cement block garage-shops with access via highway frontage.
Where is this ranch located?
The property is located at State Highway 55 - Land Estancia, NM.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: ~640‑acre property (about one square mile) with NM Hwy 55 frontage on one side; Water source includes 3 wells on the property (buyer to verify condition); Includes 2 double‑car cement block garage/shops
