79 State Rd 112 Rd, Regina, NM 87046
This exceptional 305.5-acre farm in Rio Arriba County, New Mexico, presents a unique opportunity for the discerning buyer. Located near Regina, NM (zip code 87046), this property boasts a comfortable 2400 sq ft, 4-bedroom, 2-bathroom post and beam home with a metal roof and a 2-car covered carport. The home is being sold fully furnished and is ready for immediate occupancy. Features include a sunroom, chain link fenced yard, metal pole working pens and corrals, and a 40x80 covered loafing shed. The property is serviced by natural gas and city water, and also includes a private well. The land itself has been meticulously managed for big game hunting, historically yielding two Unit 5A elk tags (one bull, one cow) and two landowner mule deer tags annually. Two 15-acre game sanctuaries with food plots and two hunting blinds are already established. A $25,000 water well with a year-round game drinker and overflow pond has also been installed. The diverse vegetation includes Ponderosa pines, Gambel oak, Pinyon pine, juniper, sage, and approximately 15 acres of cheat grass and native grass meadows. A side-by-side trail system provides access to the property and the adjacent BLM land. The property benefits from a low agricultural tax status due to a seasonal grazing lease with a neighbor. A local contractor currently provides caretaker services, and this arrangement could potentially continue for the new owner. The property is conveniently located approximately 20 minutes from Cuba, NM, and about 90 minutes from the I-40 & I-25 interchange in Albuquerque. This is a rare opportunity to own a high-quality hunting ranch with established landowner tags in a highly sought-after location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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