138 Acre Irrigated Farm and Farm House For Sale Moriarty NM

Farm/Ranch for Sale
Catylist Listing ID: 30041313
Property Subtypes: Cash Crop, Horse, Livestock, Ranch
Gross Land Area: 138.67 Acres
Sale Price: $675,620
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/2/2017

Overview / Comments

138 acre irrigated farm and farm house for sale Moriarty NM. There are 121 acres of licensed water rights and 4 bedroom 3 bath farm house. Property is located 2 miles south of Moriarty New Mexico and I-40 with Highway 41 access and frontage. Expansive mountain and valley views Crops grown in the Estancia Valley include are alfalfa, corn, pinto beans, pumpkins, winter wheat and an assortment of grasses. The home is a single-wide manufactured home that has had additions on three sides for a total of 2967 square feet, with 4 bedrooms and 3 baths. There is the domestic well servicing the home and 2 irrigation wells. The condition of the irrigation wells is unknown, as the farm has not been under production for a number of years.Land Owner does not own the pivot sprinkler and is not included in the sale. Pivot could be purchased for a reasonable amount. 121 acres is currently in the CRP program, terms of release are negotiable. Property has been subdivided, has commercial development possibilities and is being offered in multiple configurations, take all or part. Albuquerque and Santa Fe are both less than an hour away. Owner financing with approved terms. USDA or Ag New Mexico will finance. Exclude the commercial lot at the corner of Hwy. 41 and McNabb and the purchase price is $492,500.

Additional Details

Nearest MSA: Albuquerque
County: Torrance
Property Visibility: Excellent
Highway Access: Direct access to NM-41. Interstate 40 is approximately 4 miles north on NM-41.
Airports: City of Moriarty Airport, Albuquerque Sunport, Sandia Airpark
Site Description: Located at the southwest corner of NM-41 and McNabb Road. Site is mostly level.
Area Description: Located in the Estancia Valley which is an agricultural area in central New Mexico. Moriarty is approximately 4 miles north on NM-41.
Lot Frontage: 2,635.84' - NM-41 frontage. (East Property Line)
Lot Depth: 2,269.59' - McNabb Road Frontage. (North Property Line
Topography: Level
Water Service: Well
Sewer Type: Septic
Available Utilities: Electric, Gas
Easements: Utilities
Easements Description: Access & Utility Easements north & east property lines. 30' Texas-New Mexico pipeline easement across the southwest corner. Refer to attached survey.
Legal Description: Lands of Joseph Miller, Tract A-R1, Tract A-R2, Tract A-R3, Tract A-R4, Tract B-R, Tract C-1 and Tract C-2 within Section 35, T9N, R8E, NMPM, 138.67 acres

Demographic Statistics

Proximity: 5 miles
Total Population: 4,460
Median Age: 39.1
Households: 1,660


Photograph of Listing Agent

Myra Oden

United Country Farm & Home Realty
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