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    OFF-MARKET
    Land

    0 Se / Marana Rd, Deming, NM 88030

    237 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 237 ac (10,323,720 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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