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196.91 Acres with Water Rights on King Farm Rd - Moriarty Vacant Land

196.91 Acres with Water Rights on King Farm Rd - Moriarty Vacant Land Moriarty, NM 87035

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Overview

Consists of two tracts. Tract one - 156.81 acres along Martin Lane. Tract two - 40.10 acres which runs along King Road.

± 100 Acre feet per year of water rights for irrigation or subdivision use. Ells E-1085 & E-1085-S, which can be sold separate from real estate.

Water rights for sale at $10,000 per acre foot. Included in Sale Price. 

 

 

Potential long-term investment for future residential development.

Redevelop and sell off as smaller scale farming communities

For Sale

Land

Secondary Uses: Agriculture

Sale Price
$1,789,640
Acres
196.91 ac
Zoning
A-1 Rural Agricultural Zone
Submarket
Moriarty
Nearest MSA
Albuquerque
Property Use Type
Vacant/Owner-User
Property Status
Existing
Topography
Level
Nearest Interstate
Interstate 40 - 2.26 mi
County
Santa Fe
Created
2024-07-24
Updated
2025-02-10
Listing ID
c3ee32a6