King Farms Auction

King Farms Auction

Sponsored by Hall and Hall

LR_KingFarms-01

Published On: July 31, 20241.1 min read
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Property Type: Farmland
Auction Date: August 29th, 2024
Location: New Mexico
Acreage: 5,814 Acres

King Farms is 5,814 acres of highly productive irrigated farmland and native pasture with 720 acres of state lease land, located in Santa Fe County, New Mexico. The farm consists of 2,039 acres of irrigated farmland serviced by 21 wells and 20 center pivots which have historically produced quality alfalfa and other crops, with an additional 3,055 acres of native pasture. Located just a short drive from Albuquerque and Santa Fe, this property is ripe for residential or commercial development. With highly valuable water rights, this property is an excellent investment opportunity!

Property Details

  • Substantial, valuable water rights
  • Several tracts with residential or commercial development potential
  • 2,039± acres of highly productive pivot irrigated farmland
  • 3,055± acres of native pasture
  • 720± of state lease land
  • Ample irrigation water from the Estancia Groundwater Basin
  • 21 irrigation wells with 20 center pivots
  • 30 miles east of Albuquerque
  • 45 miles south of Santa Fe
  • Several tracts with paved road frontage

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