160 Acres of Recreational Land & Farm for Sale in Estancia, New Mexico

This Central New Mexico 160 acre-farm/grassland is located in the heart of New Mexico's farm and ranch country. The property just south of Estancia, NM, has 132.55 acre feet of licensed water rights on 53.02 acres and 106.98 acres of grassland. The property is fully fenced, access is via easement and there is an old natural gas powered irrigation well that may not have viable water. Seller makes no guarantee or warranty for condition of the irrigation well. This is a good property for an agribusiness or a hemp/cannabis grow. Platted survey is in progress, total acreage may change after the survey is completed. 60 minutes to Albuquerque and 90 minutes to Santa Fe.