3120 Martinez Rd Moriarty, NM 87035
This exceptional 300-acre agricultural property in Moriarty, New Mexico, presents a unique investment opportunity for cannabis cultivation or manufacturing. Located at 3120 Martinez Rd, Torrance County, within the Estancia Valley, this largely flat land boasts established water rights providing up to 360 acre-feet of water annually, ensuring a reliable supply for large-scale agricultural operations. The property is zoned Agricultural and offers an average of 273 sunny days per year, ideal conditions for cannabis cultivation. The single-tenant land parcel is ready for immediate development, eliminating the need for extensive site preparation. With its substantial size and reliable water resources, this property offers significant potential for substantial returns in the burgeoning cannabis industry. The property's location in Moriarty, NM, zip code 87035, provides convenient access to transportation routes and infrastructure. This is a rare opportunity to acquire a large, well-situated parcel of land perfectly suited for cannabis cultivation or related manufacturing activities. The property's size ranges from 5 to 300 acres, offering flexibility for various project scales.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.