of NM187 / NM546 Cor, Garfield, NM 87933

This exceptional 29.66-acre agricultural property presents a unique investment opportunity in Derry, New Mexico. Located at the corner of NM 187 and NM 546, this land boasts convenient access to major highways, offering both accessibility and strategic positioning. The property includes approximately 17 acres of irrigated land, utilizing both Elephant Butte Irrigation District (EBID) water and well water, ensuring a reliable water source for consistent agricultural production. Currently producing alfalfa, this land offers immediate income potential and the flexibility to explore diverse agricultural ventures. Its location just 13 miles north of Hatch, New Mexico, the renowned "Chile Capital of the World," provides proximity to a thriving agricultural market. The property's size and water rights make it an ideal investment for both established farmers seeking expansion and new entrants to the agricultural sector. The combination of highway frontage and fertile, irrigated land creates a compelling opportunity for a variety of uses, including farming, ranching, or even a potential homesite. The asking price is $550,000. This property is situated in Sierra County, New Mexico, with a zip code of 87933. The coordinates are 32.780748 latitude and -107.273566 longitude.