For Sale
$3,800,000

638 Nm 236 Hwy Floyd, NM 88118

Irrigated Farm, Excellent ROI Potential

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 1,500-acre farm in Roosevelt County, New Mexico, presents a unique investment opportunity. The property boasts five 120-acre circular fields and one 100-acre circular field, all highly productive. Currently producing alfalfa hay (consistently testing over 200 RFV) and green chop wheat, this well-established operation offers significant income potential. The farm includes four homes, providing ample living space for owners or employees. Infrastructure is robust, featuring two shop buildings equipped with rolling chain hoists, an enclosed storage barn with cement footers, and corral pens at two locations. A significant advantage is the irrigation system, comprising six sprinklers (including models from 2006, 2012, two from 2021, and a new 2024 model, plus a 1995 Lockwood sprinkler), all equipped with AgSense panels for remote monitoring and control via a phone app. The 350 acres of alfalfa are currently in their second year. Additional amenities include an indoor pool and hot tub, enhancing the property's overall appeal. The property's location in Floyd, NM, zip code 88118, offers easy access to local amenities and transportation routes. This turnkey operation is ready for immediate production and presents a compelling investment opportunity for agricultural entrepreneurs. The additional barn features a cable-operated lift for mezzanine storage. This is a rare opportunity to acquire a highly productive and well-maintained farm with significant upside potential.

Highlights

  • 1,500-acre farm in Floyd, NM (zip code 88118) offering significant income potential.
  • Six highly productive circular fields totaling 700 acres, currently producing alfalfa hay (over 200 RFV) and green chop wheat.
  • Four homes, two shop buildings with chain hoists, enclosed storage barn with cable-operated lift, and corral pens.
  • Modern irrigation system with six sprinklers (including a new 2024 model) and AgSense remote monitoring.
  • Turnkey operation with indoor pool and hot tub.

Property Details for 638 Nm 236 Hwy

Property type
Land, Farms
Lot Size (sq. ft)
65,340,000 SF

Location Insight

City
Floyd
County
Roosevelt
State
New Mexico
Latitude
34.2444271
Longitude
-103.524205

FAQs

What type of property is this?
Land - Irrigated Farm, Excellent ROI Potential
Where is the land located?
The property is located at 638 Nm 236 Hwy Floyd, NM.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 1,500-acre farm in Floyd, NM (zip code 88118) offering significant income potential.; Six highly productive circular fields totaling 700 acres, currently producing alfalfa hay (over 200 RFV) and green chop wheat.; Four homes, two shop buildings with chain hoists, enclosed storage barn with cable-operated lift, and corral pens.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
638 Nm 236 Hwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message