Contiguous Agricultural
For Sale
$595,000
State Highway 55 - Land, Estancia, NM 87016
Land, Estancia, NM
Property SizeContact for details
Lot Size640.00 Acres
Days on Market265
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: Sep 17
Last Checked: Oct 13 at 4:06PM
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 approximately 640-acre agricultural tract forms a contiguous square mile in New Mexico’s Estancia Valley. The property has paved State Highway 55 frontage along one side and gravel county roads along the other three, providing multiple entry points. Perimeter fencing encloses the land, and two double-car concrete-block garage/shops provide covered space for equipment, tools, or ranch operations.
Three wells are located on the property. One includes a pump, pressure tank, well house, and cattle trough; a second has power, a pump, and a cattle trough; and a third uses a windmill pump without electric power or a pressure tank. Well condition, production, permits, water rights, access, utilities, and fencing require independent verification.
The abandoned homestead building is uninhabitable and unsafe to enter, with a leaking roof and unstable floors. Any future residence would require a new homesite structure and waste system. The property appears to be zoned AP-10, subject to confirmation with Torrance County.
Three wells are located on the property. One includes a pump, pressure tank, well house, and cattle trough; a second has power, a pump, and a cattle trough; and a third uses a windmill pump without electric power or a pressure tank. Well condition, production, permits, water rights, access, utilities, and fencing require independent verification.
The abandoned homestead building is uninhabitable and unsafe to enter, with a leaking roof and unstable floors. Any future residence would require a new homesite structure and waste system. The property appears to be zoned AP-10, subject to confirmation with Torrance County.
Key Highlights
- Approximately 640 acres forming one contiguous square mile
- Paved State Highway 55 frontage with gravel county‑road access on the other three sides
- Perimeter fencing is in place on all four sides
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Yes
Water rights
Location Intelligence
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?
Agricultural land / Farmland - Fenced rural acreage with highway frontage, multiple access points, wells, and two concrete-block garage shops.
Where is this agricultural land / farmland located?
The property is located at State Highway 55 - Land Estancia, NM.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Approximately 640 acres forming one contiguous square mile; Paved State Highway 55 frontage with gravel county‑road access on the other three sides; Perimeter fencing is in place on all four sides
