Roosevelt Road K Portales, NM 88130
- Land
- 162.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Roosevelt Road K
- Lot size
- 162.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 162-acre farm presents a unique investment opportunity in Roosevelt County, New Mexico. Situated southeast of Portales, this property boasts significant irrigation infrastructure. Approximately 60 acres are equipped with an efficient irrigation system, powered by four wells with a combined output of approximately 200 gallons per minute. This water supply feeds a modern center pivot irrigation system, ensuring consistent and effective watering of the crops. The pivot system offers convenient access from all sides for ease of maintenance and operation. The property's address is 0 S Roosevelt Road K, Portales, NM 88130, and is conveniently located for efficient farming operations. The land is classified as farmland, offering significant potential for agricultural production. The asking price for this remarkable property is $406,750. This represents a compelling opportunity to acquire a well-maintained and productive farm in a desirable location. The property's size and irrigation capabilities make it an ideal investment for experienced farmers or those seeking to expand their agricultural holdings. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portales
- County
- Roosevelt
- State
- New Mexico
- Longitude
- -103.262
- Latitude
- 34.2587
