• Property consists of Two Tracts: Tract One - 156.81 Acre tract that runs along martin Lane; Tract Two - 40.10 Acre tract which runs along King Road.
• Transferable CMA water rights in the Estancia Basin.
• +/- 99 Acre feet per year of water rights for commercial, domestic, housing subdivision, or irrigation use. Ells E-1085 & E-1085-S, which can be sold separate from real estate.
• Redevelop and sell off as smaller scale farming communities.
• Long-term investment for future residential development.
• For Land Only +/-$3,808.85 per acre.
• CMA Water Rights +/- $8,282.83 per acre feet.
- Site Link
- Property SubType Other
Listing Agent: Amar Tesch
Courtesy of: Coldwell Banker Legacy
Office Phone: 5058977227
Updated: 21st October, 2017 9:17 PM.
King Farm Road & Martin Lane Moriarty, NM