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    Land

    714 Hwy 52 Rd, Truth or Consequences, NM 87901

    10.66 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10.66-acre pecan orchard in Cuchillo, New Mexico, presents a unique investment opportunity. The property boasts 66 acre-feet of Middle Rio Grande water rights, ensuring consistent irrigation for its 238 mature (1970s era) and 80 recently planted (2021) pecan trees. There's ample room to expand production with space for an additional 164 trees. The property includes a spacious main house featuring an open-concept living area, a renovated kitchen, two bathrooms, and four bedrooms, including a large master suite. High-end finishes include oak hardwood floors, ceramic tiles, and new appliances. An additional one-bedroom, one-bathroom apartment provides extra living space or rental potential. A fully renovated 57x72 processing and retail building, equipped with 200-amp service and refrigeration-ready rooms, facilitates "farm-to-table" production. Outbuildings include an 8x40 conex, a 20x34 carport with storage, and a 10x50 shed. All necessary equipment for pecan production and marketing is included. The orchard has a strong, established customer base nationwide, particularly in the Midwest. The organic farm's success has led to fulfilling orders by sourcing from other organic farms. Established in 1989, the farm has hosted the annual Cuchillo Pecan Festival since 1991, attracting visitors from across the country and internationally. Located approximately seven miles from I-25 and the Truth or Consequences Airport, and about 15 miles from Truth or Consequences, NM, this property offers a blend of established business and comfortable living in a picturesque setting. New underground drip irrigation (2023) allows for reclamation of a .85-acre holding pond, providing potential for future expansion. Asking price: $1,250,000.

    Property profile
    Verified
    Property type Land
    Lot 10.66 ac (464,350 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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