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Listed by Keller Williams Realty
$ 1,499,000
Est. payment /mo
Price Dropped by $1K
7 HOWELL RD Estancia, NM 87016
50 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home, Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1090175
HOA Y/N No
Annual Tax Amount $685
Lot Size 50.000 Acres
Acres 50.0
Lot Dimensions Other
Property Sub-Type Other
Property Description
Outstanding investment opportunity combining the Estancia cultivation property (MLS# 1090173) with the Moriarty dispensary (MLS# 1090174). The land includes 50 acres with +/-4 acres of defined fenced area and +/-50 acres separately high-fenced, electronic gate, commercial septic, 7'x10' walk-in safe, well with 58 acre-feet of water rights, 240 AMP / 3-phase power, and 2 hoop houses. Two modern, foam-insulated buildings (1,000 SF & 1,500 SF) are fully equipped with HVAC, restrooms, grow lights, security systems, and reverse osmosis water. Sale includes approx. $250,000 in cultivation equipment. The dispensary adds a drive-through, 2 rooms, 7'x10' walk-in safe, license, inventory, and equipment, with a 1-year lease plus renewal option. Offered together for $1,500,000.
Location
State NM
County Torrance
Area 292 - Estancia Mcintosh
Interior
Heating Other, See Remarks
Cooling Other
Fireplace No
Exterior
Utilities Available Other, See Remarks
Building
Story 1
Others
Tax ID 1048039102055000000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan