Prime Farmland & Water Rights
• Property consists of Two Tracts: Tract One - 156.81 Acre tract that runs along martin Lane; Tract Two - 40.10 Acre tract which runs along King Road. • Transferable CMA water rights in the Estancia Basin. • +/- 99 Acre feet per year of water rights for commercial, domestic, housing subdivision, or irrigation use. Ells E-1085 & E-1085-S, which can be sold separate from real estate. • Redevelop and sell off as smaller scale farming communities. • Long-term investment for future residential development. • For Land Only +/-$3,808.85 per acre. • CMA Water Rights +/- $8,282.83 per acre feet.
Would you like more information regarding this property?
Please call (505) 897-7227.
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