5051 Bloomfield Hwy Farmington, NM 87401

Property Details for 5051 Bloomfield Hwy

Lot size

26.92 lot acres

Property size

3,393 SF

Property type

Commercial real estate

Description

Exceptional investment opportunity in Farmington, NM! This established 26.92-acre orchard boasts stunning San Juan River and Bisti Bluffs views. The property includes approximately 2,500-3,000 fruit trees (apples, peaches, pears, plums, and more), two income-producing rental homes (a 1437 sq ft, 3 bed/2 bath home built in 1962 and a 1512 sq ft, 3 bed/1 bath home built in 1956), and multiple agricultural buildings (a 2400 sq ft packing barn with cold storage, a 1200 sq ft barn, and a 600 sq ft barn). The property also features an active gas well providing additional income via royalties. The orchard is irrigated via open flood irrigation (10% via 6" pipe) with an impressive 77.5 acre-feet of water rights. The well-composted soil ensures optimal growing conditions. Note: This listing excludes the main house (appraised at $525,000), 1 acre of land, and a block building located to the south. The seller will allow time for subdivision of the house at their expense. An access easement will be included. The total square footage of the buildings is 3,393 sq ft. This property presents a unique blend of agricultural potential, rental income, and natural resource benefits.