Residential Land For Sale

Picture of Residential Land For Sale in Hatch, New Mexico, United States

$190,000

1111 E Herrera Rd
Hatch, New Mexico, United States

Listed By: Realtyww Info

Listed On: 08/26/2024

Listing ID: GL11472227 View More Details

Description

The small farm in Hatch, NM, located on the corner of Canal and Highway 154, has great potential for various applications. The property is currently zoned A2-Agricultural, but it can potentially be changed to accommodate different land uses. The presence of an old dilapidated structure on the property suggests the need for repairs or renovation if you plan to utilize it. One significant advantage of this property is its water rights. It has both underground water rights and water allocated by EBID (Elephant Butte Irrigation District) on an annual basis. The 6.2 acres of farmland correspond to 27.9 acre-feet of water per year from the well. The annual water allocation from the well wouldamount to approximately 9, 079, 427 gallons.

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Listed by: Virginia Hernandez