Socorro And Torrance Counties Socorro, NM 87801
- Land
- 14,720.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Socorro And Torrance Counties
- Lot size
- 14,720.00 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 14,720-acre ranch in Socorro and Torrance Counties, New Mexico, presents a unique land banking opportunity. Protected by a conservation easement, ensuring the preservation of its natural beauty and abundant wildlife, the property boasts gently rolling terrain with a mix of pastureland and excellent cover. Centrally located near Corona, NM, and within easy driving distance of Albuquerque and Ruidoso, it offers unparalleled privacy and access to recreational activities. The ranch supports a thriving population of wildlife, including antelope, elk, deer, bear, and occasional Oryx, providing excellent hunting opportunities. Hunting permits include unlimited over-the-counter antelope permits, deer permits during regular hunts, contiguous 5-day elk hunt permits (October 1st to December 31st), and 30-day Oryx permits. Improvements include an upgraded lodge with reclaimed updates, three wells (two solar, one electrified), four storage tanks, eighteen drinkers, efficient working pens, three dirt tanks, and multiple access points off a county road. Three sections of New Mexico State Lease land are also included. The asking price is $4,500,000, representing a value of $365 per acre. An adjoining ranch recently sold for $500 per acre, highlighting the exceptional value of this property. The conservation easement restricts subdividing and structures over 30 feet, preventing wind energy towers and preserving the ranch's natural character.
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
- Socorro
- County
- Socorro
- State
- New Mexico
- Longitude
- -106.894
- Latitude
- 34.0581
