1459 Nm-542 Estancia, NM 87016
Agawa Farms presents a unique investment opportunity in Estancia, New Mexico. This expansive property encompasses a substantial 858,000-square-foot greenhouse facility, complemented by a 77,000-square-foot warehouse. Situated on approximately 322 acres of agricultural land, the property boasts significant water rights, offering considerable potential for expansion. The high-altitude location (6,100 feet) provides an ideal climate for cultivation, characterized by mild temperatures, abundant sunlight, and dry heat. The greenhouse has been meticulously maintained and features recent upgrades, including enhanced security systems, reflecting a history of experienced operation. This turnkey operation offers immediate income generation and significant upside potential for growth. The property's size, existing infrastructure, and water rights combine to create a rare and compelling investment opportunity in the New Mexico agricultural market. The existing warehouse provides ample storage and operational support for the greenhouse. This is a truly exceptional opportunity to acquire a large-scale, established, and income-producing agricultural facility with room for future development. Located at 1459 NM-542, Estancia, NM 87016.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.