Property summary
Exceptional investment opportunity encompassing 5,185.45 acres of diverse land in Roosevelt County, New Mexico, near Causey (zip code 88113). This expansive property includes a substantial block of over four sections of deeded land, complemented by an additional 480 acres of state land. The land boasts a variety of features, including five water tanks and two wells, interconnected by pipelines for efficient water distribution. Wildlife is abundant, with a notable population of mule deer and antelope, alongside coyote, quail, and dove. Agricultural potential is significant, with one block featuring a section and a quarter of farmland currently planted in wheat, alongside a quarter section of grassland and two stock wells. Another area comprises 390 acres of grassland, enhanced by 160 acres of irrigated water rights and a well. Two separate half sections of grassland are also included. The property further benefits from a ranch house, a 50' x 100' shop, and a complete set of pens for livestock sorting and shipping, all situated alongside additional farmland and grassland. This comprehensive offering presents a unique chance to acquire a substantial and versatile property in Eastern New Mexico, with all land, buildings, and water infrastructure included in the asking price of $5,200,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
3 recent transactions · within 1.5 miComparable in this City
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.