3073 Roosevelt Road 25 Elida, NM 88116

Property Details for 3073 Roosevelt Road 25

Lot size

600.00 lot acres

Property type

Land

Property subtype

Farms

Description

This exceptional 600-acre farm presents a unique investment opportunity in Roosevelt County, New Mexico, situated between Dora and Elida. The property boasts 560 acres of natural grass, ideal for grazing or other agricultural uses. A significant portion of the land, encompassing 280 acres, includes three wind turbines with an estimated 19 years remaining on their lease agreement, generating a consistent revenue stream. The property is fully fenced with a combination of barbed wire, cross fencing, and net wire, ensuring secure containment. A 40-acre homestead area features a water well, corrals and pens suitable for livestock, and a substantial barn equipped with a roll-up door. Two older homes are also located on the homestead. It is important to note that the condition of the homes, well, and septic systems is unknown and they are being sold "AS IS". This property offers a blend of agricultural potential and existing income generation, making it an attractive investment for those seeking a large-scale landholding in rural New Mexico. The property's location provides easy access to both Dora and Elida, offering convenience and proximity to local amenities. The combination of acreage, existing infrastructure, and wind turbine income makes this a truly remarkable opportunity.

Location Insight

City

Elida

County

Roosevelt

State

New Mexico

Longitude

-103.667

Latitude

33.8927