This exceptional 217,800 square foot land parcel presents a unique opportunity in Aztec, New Mexico. Located conveniently north of Aztec, approximately a quarter-mile from the Animas River, this property boasts 5.28 acres of irrigated land (buyer to verify). The land is fully enclosed by new pipe fencing, providing excellent security and privacy. Two twelve-foot gates ensure easy access for vehicles and trailers. The property features an established underground irrigation system, currently supporting a grass hay crop. A newly constructed access road leads directly to the property, enhancing accessibility. Utilities are readily available at County Road 2755. An adjacent 5.44-acre lot (MLS # 24-57) is also available for purchase, offering the potential to acquire a combined 10.72 acres. This presents endless possibilities, from building a dream home on one parcel and utilizing the other for livestock to various other development options. The property's location, improvements, and potential make it an attractive investment. Further details are available upon request. The property is located at X ROAD 2755, Aztec, NM 87410.
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
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