Current Use by Public Records
- Land
Property Details for 2600 Pajarito Rd Rd
- Lot size
- 3,685.50 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 3,685.5-acre ranch in Guadalupe County, New Mexico, presents a unique investment opportunity. Located approximately 27 miles east of Santa Rosa near Newkirk, the property boasts 1.5 miles of Interstate 40 frontage, offering significant billboard advertising potential for additional income. The terrain varies from level to rolling hills and creek canyons, providing picturesque views. The land features a diverse mix of grasses, including gramma and sideoats grama, along with juniper and cedar trees. Water resources are abundant, with two strategically placed wells: a windmill-powered well near a corral system and a high-capacity commercial well (100 GPM) with proven income generation. The ranch is well-suited for livestock operations, such as cow/calf or yearling grazing, supported by two sets of pipe corrals and well-maintained barbed wire fences constructed with cedar posts from the property. Wildlife is plentiful, including antelope, mule deer, quail, and other native species. While not included in the asking price of $1,725,000, a separate purchase option exists for an 80-acre parcel with a custom-built 2-bedroom, 2.5-bathroom home, a large apartment in a metal building, and three outbuildings for an additional $950,000. The potential for additional private lease of approximately 129 acres also exists. This property offers a blend of scenic beauty, agricultural potential, and commercial possibilities, making it an ideal investment for discerning buyers. The 3,445.5 deeded acres are supplemented by a 240-acre state lease.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Rosa
- County
- Guadalupe
- State
- New Mexico
- Longitude
- -104.752
- Latitude
- 34.9215
