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Listed by Elizabeth A McGinness-DiGiacomo R1 New Mexico Farmington
$ 3,999,500
Est. payment | /mo
1,204 SqFt
$ 3,999,500
Est. payment | /mo
1,204 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,204 sqft
Price per Sqft $3,321
MLS Listing ID 25-919
Lot Size 200.000 Acres
Acres 200.0
Property Sub-Type Commercial
Source San Juan County Board of REALTORS®
Land Area 1204
Property Description
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 utilities
FREE PROPANE REFILLS- Home operational costs are minimized
Whether 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 25-917, 25-918, 25-920
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 utilities
FREE PROPANE REFILLS- Home operational costs are minimized
Whether 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 25-917, 25-918, 25-920
Location
State NM
County San Juan
Area Aztec Hwy - Aztec
Direction {\"Directions to Prprty\":true}
Interior
Heating Forced Air
Cooling Evaporative Cooling, Evaporative Hall
Exterior
Garage No
Building
Faces {\"Directions to Prprty\":true}
Others
Pets Allowed No
Security Features Other,Security Lights
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150 Washington Ave, Ste 201, Santa Fe, New Mexico, 87501, USA