Listed by NAI 1st Valley, NAI El Paso
$3,500,000
Hope Farm
Details
Property Type Land
Sub Type Agricultural
Acreage 901.000
Farm Land | ±901 acres
Marketing description
Approx. 901 acre farm with improvements
Three (3) 12” electric water wells
One (1) 4” electric water well
Two (2) Quonset hut barns
Working ditches and pipelines
Two (2) separate livestock facilities
Perfect for alfalfa, corn, or wheat
± 663 MRGCD Total Water Service Acreage
± 240 Acres have the use of pre-1907 MRGCD water through at least 2029. (These water rights were sold to the city of Rio Rancho, which has deferred their use until no earlier than 2029. Future access beyond that date is subject to the city’s needs.)
Additional offering: ±260 acres of pre-1907 water rights available for purchase ($10,940,000)
Listing Contacts
Listed by NAI 1st Valley, NAI El Paso
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
