Overview

Description

FRE Auctions and Ranch Pros Real Estate are pleased to present the Online Auction Plus® Event for the ±652 Acre Agriculture Farmland with Significant Water Rights off I-10 Highway.

FOR AUCTION & PROPERTY INFO VISIT: HTTPS://FRE.COM/467D13

Offering Summary:
Strategically within miles of the I-10 Interstate Highway, this ±652-acre agricultural estate is primed for cultivation. This property possesses 1,093.5-acre feet of water diversion irrigation rights certified by the New Mexico State Engineer (See document section). The water rights are harvested by a series of hydraulic pump systems on the property. Currently there is no active farming being done on the site and has not operated in a substantial capacity since 2018. This region is well-known for their green chile cultivation, as southwest New Mexico "Hatch Chiles" are regarded as one of the best in the world.

Pump Specifics:
LV-723 POD-1: Peerless 16” Steel Casing, 14" Band Setting Pump. with 6” Column Pipe, 1.18"x2" Tube and Shaft. 100 HP Turbine, 3 Phase, 460-volt U.S. Electrical Motor. 600-700 GPM at 1760 RPM. Static Water Level of 275', Depth of 420'. Perforations start at 220' & extend to 360' to casing end and turns to open hole.
LV-723 POD-2: National Pump Company 16” Steel Casing, 15" Band Setting Pump. 8" Column Pipe, 2.5"x1.5" Tube and Shaft. 150 HP Turbine, 3 phase, 460-volt U.S. Electrical Motor. Static Water Level of 282', Depth of 523'. Perforations start at 248' & extend to 523'. 1,000 GPM.
LV-724: 7” Steel casing plunger type pump powered by Aremotor Windmill. Livestock well.

Highlights

• ±652 acre of agricultural land with water rights of 1,093.5 acre/feet.
• Located 3 miles off Interstate Highway 10.
• The land is served by 3 water wells: May Irrigation Well #1 (LV-723 POD-1), May Irrigation Well #2 (LV-723 POD-2), and May Well (LV-724) .
• LV-723 POD-1 and LV-723 POD-2 pumps were rebuilt in 2017 and powered by local power grid. All new Column Pipe, Tube/Shaft, Bowls, & Electrical.
• LV-724 is a plunger-pump livestock well powered by a Aremotor Windmill.
• Pumps and wells last inspected by New Mexico State Engineer's office in 2014.
• Previously farmed in 2018 using a drip line irrigation system on 60 acres, included with sale. Center pivot irrigation system is no longer on the property.
• 5-pod media filter set-up on site as well for drip line irrigation system.

Documents

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