Technical
Financial
Distress signals
Property profile

3645 Billy The Kid Rd Rd Lake Sumner, NM 88119

OFF-MARKET
Land
10.5 ac lot
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Property summary

AI-generated overview

This exceptional 10.5-acre farm, located at 3645 Billy The Kid Road in Fort Sumner, De Baca County, New Mexico, presents a unique investment opportunity. Situated in Lake Sumner, zip code 88119 (latitude 34.4473218, longitude -104.3791912), this property boasts significant water rights, totaling 7.7 acre-feet. Currently utilized for alfalfa cultivation, the land offers established infrastructure and immediate income potential. The asking price for this productive farm is $97,500. The property's location in De Baca County provides access to essential resources and services, while its relatively flat terrain facilitates efficient farming operations. This is an ideal opportunity for established farmers seeking expansion or new entrants looking to establish a profitable agricultural enterprise. The existing alfalfa crop provides immediate return on investment, while the substantial water rights ensure long-term sustainability and potential for diverse agricultural pursuits. Serious inquiries are encouraged to explore this promising land investment.

Property profile

Verified
Property type Land
Lot 10.5 ac (457,380 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3645 Billy The Kid Rd Rd Lake Sumner, NM 88119
Lake Sumner metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

5 recent transactions · within 1.5 mi
Comparable in this city
5 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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