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Property profile & analytics
OFF-MARKET
Land

3645 Billy The Kid Rd Rd Lake Sumner, NM 88119

10.5 ac lot
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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