0 Se / Marana Rd, Deming, NM 88030
Exceptional 237-acre farm opportunity in Deming, New Mexico, boasting 234.04 acres of irrigated land and substantial water rights (230.55 acres per order M-518). This expansive property features four wells, although one is reportedly sanded in and non-functional, two have pumps, and one has only a casing. Electric lines are nearby, and one well is generator-ready. Note that the property hasn't been farmed in 20 years, and buyers should conduct thorough due diligence regarding water rights, wells, and land condition. The seller is offering owner financing. Caution is advised around the wells due to potential ground instability. Located at XXXX Coyote Rd SE / Marana Rd SE, Deming, NM 88030, this property presents a unique agricultural investment. The property is situated in Luna County and offers significant potential for farming and ranching operations. The substantial acreage and existing infrastructure provide a solid foundation for various agricultural ventures. While the wells require assessment, the availability of water rights and the proximity to electricity represent key advantages. This is a rare opportunity to acquire a large, irrigated farm in a desirable location. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.