3645 Billy The Kid Rd Rd Lake Sumner, NM 88119
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.