Address
688 S Rr 8 Road, Portales, NM
Price
$ 7,000,000
Property Attributes
  • MLS#20242081
  • TypeFarm
  • CountyROOSEVELT
  • CityPortales
  • AreaNew Mexico Mls
  • Zip88130
  • StyleFarm/Ranch w/Residential
  • Taxes$ 53094
  • Price$ 7,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2173 Acres
Data Source:
New Mexico MLS (NMMLS)
Property Description

Welcome to this exceptional irrigated farm in Roosevelt County! This property boasts 2173 +/- acres of prime land, including 1470 +/- irrigated acres, and 28 electric wells efficiently producing 4035 +/- GPM, providing an impressive 2.27 +/- GPM per irrigated acre. Currently growing on this farm are 240 +/- acres of lush alfalfa, 420 +/- acres of nutritious wheat, and 780 +/- acres triticale. Benefit from a USDA base covering wheat, corn, peanut, oat, and green sorghum to ensure stability and profitability in your agricultural pursuits. The farm’s headquarters feature a newly remodeled 2539 +/- square-foot brick home, providing comfort and convenience for you and your family. Additionally, there’s ample storage space with a large 60' x 80' barn, livestock pens, and a loading chute. Equip yourself with essential machinery, including an MC grain dryer, steel water tank, 2 concrete cone bottomed grain systems, multiple poly tanks, and numerous on-site fuel tanks. The property includes

Price History
4/11/2024 Listed $7,000,000

General Features

Sewer On-Site
Electric On-Site
Topography Level
Property SubType Farm/Ranch w/Residential
County Roosevelt County
New Construction No
Property Type Farm
HOA / Comm Assn No
Garage Y/N No
Other Structures Barn(s),Shed(s),Warehouse
Status Active
Directions From Portales,head SE on NM 88 for 10 miles. Exit E on S. RR Rd 8. Continue East for 4 miles and farms are to the North.
City Portales
Buyer Agent Compensation 1%
Senior Community Y/N No
MLS Area New Mexico Mls
Lot Size Square Feet 94655880
Waterfront Y/N No
Carport Y/N No
Street Name Rr 8
Property Attached Y/N No
Tax Annual Amount 53094.36
Lease Considered Y/N No
Virtual Tour https://cliftlandbrokers.com/property/large-irrigated-farm-in-roosevelt-county/
Standard Status Active

Interior Features

Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Street Suffix Road
Living Area Units Square Feet

Exterior Features

Fencing Fenced
Lot Features Sandy,Irrigation
Water Source Well
Lot Size Area 2173
Spa No
Lot Size Acres 2173
Lot Size Units Acres
Open Parking Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Farm Average in 88130

Price
AVG $3.65M
$7M
Taxes
AVG $27,176
$53,094
Visits
AVG 22
5
Data Provided by Inside Real Estate®

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