327 Roosevelt Road X Portales, NM 88130
- Land
- 788.00 lot acres
Current Use by Public Records
- Land
Property Details for 327 Roosevelt Road X
- Lot size
- 788.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
Exceptional investment opportunity: a +/- 788-acre dairy and ranch property located at 327-399 S. Roosevelt Road X, Portales, New Mexico, 88130. This expansive property boasts a significant capacity for approximately 3,000 mature milk and dry cows, supported by a double 23-parallel milk parlor and a single 24-parallel hospital barn. The facility includes approximately 3,000 locking stanchions for mature cows and an additional 800 for heifers. Efficient feed storage is ensured with one six-bay commodity barn, two large hay barns, and one smaller hay barn. Approximately 400 acres are currently planted in corn and haygrazer. The property also features four homes: a custom home of approximately 4,000 square feet with a swimming pool, a second home, and two mobile homes. Two large shops are also situated on the property. This turnkey operation presents a rare opportunity to acquire a well-established and productive agricultural asset in Roosevelt County, New Mexico. The asking price is $3,600,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portales
- County
- Roosevelt
- State
- New Mexico
- Longitude
- -103.44
- Latitude
- 34.2099
