1560 Nm-41 Estancia, NM 87016
This exceptional 120-acre farm and ranch property, located at 1560 NM-41 in Estancia, New Mexico, presents a unique investment opportunity. Boasting a substantial 5,227,200 square feet of land, this expansive property offers significant potential for various agricultural or recreational uses. The property is situated in Torrance County, New Mexico, zip code 87016, and benefits from a single well, providing a crucial water source. The asking price for this remarkable land parcel is $420,000. Given its size and location, this property is ideal for those seeking a large-scale farming operation, livestock grazing, or a private retreat in the beautiful New Mexico landscape. The property's location in Estancia offers a tranquil setting while still maintaining convenient access to local amenities and transportation routes. Detailed surveys and further information regarding the property's water rights and soil composition are available upon request. This is a rare opportunity to acquire a substantial land holding in a desirable location, offering both investment potential and the promise of a peaceful rural lifestyle. The property is ready for its next chapter, whether it be agricultural development or a personal sanctuary. Don't miss this chance to own a piece of New Mexico's rich landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.