FM 769 - Agricultural LAND FOR SALE


Tatum, NM 88267 90,383,951 SF
$7,262,255 USD
210-854-6365
FM 769, Tatum, NM for Sale
$7,262,255 USD
Agricultural LAND - FOR SALE
1/5
90,383,951 SF

FM 769
Tatum, NM 88267


HIGHLIGHTS

  • income producing
  • farm land
  • peanuts and cotton

OVERVIEW

Lea County Organic Farm 2074+- Acres | Lea County, New Mexico Simpson Ranches & Land, LLC is excited to present this exclusive listing for an exceptional income producing farm located in Lea County, New Mexico. The farm produces primary crops of peanuts and cotton. The secondary crops include corn, grain sorghum, milo, alfalfa, and soybeans. Irrigation equipment is very well maintained across the farm. All pivots are powered by three-phase electricity. The 6- Reinke pivots were installed in 2019. The 2-valley pivots installation is unknown. All are in good working order. The water to all pivots is supplied by groundwater wells. All wells are regulated by the New Mexico State Engineers Office. There are 5,934.87 acres feet per annum of water rights that are permitted for the farm. This exclusive listing provides a remarkable opportunity to invest in a highly productive income producing farming operation. The farm is in existence of a well experienced, generational farmer that would like to continue leasing the farm if new buyer is interested. The team at Simpson Ranches & Land, LLC appreciates your interest in this exceptional opportunity to purchase a fantastic income producing farm. For additional information, please do not hesitate to reach out via phone, email, or text. We look forward to discussing the potential that this farmland has to offer. There are 5 other farms available within 10 miles in Cochran County, Texas. Call Anthony Simpson at 210-854-6365 for more information. LOCATION: The farm is located on the New Mexico/ Texas State line on FM 769, 23 miles NW of Plains Texas.

FOR SALE DETAILS

PRICE

$7,262,255 USD

PRICE/ACRE

$3,500/AC

PRICE/SF

$0.080 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Agricultural

LAND PROPOSED USE

-

LAND ACRES

2074.93 AC

LAND SF

90,383,951 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Anthony SimpsonSimpson Ranches & Land, LLCMore Info
210-854-6365

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Anthony SimpsonSimpson Ranches & Land, LLCMore Info
210-854-6365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.