$1,250,000

49 Square Deal Rd

Los Lunas NM, 87002

Description

The Square Deal Farm and Home is located within the Rio Grande Valley just 30 minutes south of Albuquerque, NM and 5 minutes south of Los Lunas, NM. Irrigation is provided via the Middle Rio Grande Conservancy District with improved concrete ditches on site. Improvements include several outbuildings for hay and equipment storage and a 4 bedroom 2 bath modest home currently tenant occupied as a rental. The farm is divided into four separate lazer leveled fields planted in alfalfa (generally 4 cuts per year) with perimeter fencing in place. Annual irrigation fees paid to the MRGCD are approximately $2,000. Property taxes for year 2020 are $1,430.00. Pre 1907 Water Rights have not been approved by the state although sellers will be requesting a full review. Any potential water rights are not included in the offering price and will remain negotiable. This area of New Mexico is prime for residential growth. There is strong potential for subdivision of this property. County zoning provides for two acre minimum rural residential. Shown by appointment only as gates are locked.

Details

MLS#202004692
Listing TypeFor Sale
StyleFarm or Ranch
Sub-TypeResale
StatusActive
Days On Site267

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet2,000
Story(s)NA
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Area Information
StateNM
CountyValencia
CityLos Lunas
Zip Code87002
Area79-Valencia County
Elementary SchoolUnknown
Middle SchoolUnknown
High SchoolUnknown
Listing VS Median (in 87002)
Price:
$1,250,000
low | high
Med:
$86,500
100% of Average
SqFt:
2,000
low | high
Med:
5,227
100% of Average
$ / SqFt:
$625
low | high
Med:
$4
100% of Average
On Site:
267
low | high
Med:
87.5
100% of Average
Sourced by Back At You
Listing Updated: July 26, 2021 8:09:34 PM PDT
Anthony Trujillo LogoMLS Number: 202004692
Listing Provided By:
Anthony Trujillo  of  Mossy Oak Properties
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Santa Fe Association of REALTORS