200-Acre Multi-Income Investment Property - Gravel, Agriculture, Oil/Gas & More!This is an EXCEPTIONAL opportunity to own a versatile 200-acre property located between Farmington and Aztec, serving the heart of the Four Corners region. With multiple income streams and untapped development potential, this property is ideal for investors, developers, or ag-focused buyers looking to expand their portfolio.A 62-Acre Gravel Pit Lease gravel lease is currently in place, generating reliable royalty income, with seller-noted potential for a second gravel site on the northwest portion. 40 Acres of Irrigated Agricultural Land
Equipped with pressurized irrigation and side-roll sprinklers, the productive hayfield offers steady seasonal income.Oil & Gas Royalties of ongoing mineral income provides monthly cash flow with long-term upside.Live or Rent the property- A 1,204 Sq Ft Homesite
that is a comfortable 1-bedroom home with easy access--perfect for owner-occupancy or rental income. This home has handicapped amenities. Updated kitchen, appliances, custom cabinets, and Corian countertops. Plus, 2 RV pads are currently rented, offering even more passive revenue.Don't miss the Vacant Land & Development Potential.
With a mix of agricultural/undeveloped acreage, the property offers room for expansion, hobby farming, or future development. Buyers to verify possible future use through local Water Users or other utilitiesFREE PROPANE REFILLS-
Home operational costs are minimizedWhether you're looking to farm, lease, develop, or simply collect multiple passive income streams, this is a rare, self-sustaining property with built-in profitability and endless potential. Conveniently located in the thriving Farmington/Flora Vista corridor with access to major services and markets in the Four Corners.Non-Disclosure will need to be signed before receiving financials.Listed also as, 25-919, 25-918, 25-620
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listed For Sale | $5,000,000 | $∞ | R1 New Mexico Farmington |
Year | Annual Amount | Description |
---|---|---|
$41,747 |
Middle School C. V. Koogler Middle | 2.3 miles away | 06 - 08 | |
Elementary School Lydia Rippey Elementary | 2.7 miles away | PK - 03 | |
Elementary School Park Avenue Elementary | 3 miles away | 04 - 05 |