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48 Lee Trevino Drive
Lordsburg, NM 88045
#2303110
Active
$1,800,000
Overview
Description

Great Ranch opportunity in Lordsburg, NM. Property includes ~ 3400 square foot ranch home with modern upgrades, owner's retreat with balcony, swimming pool, separate Casita, horse stalls, irrigated crop lands, and ancillary ranch buildings to service the Ninemile Hill Grazing Allotment. Carrying capacity as per BLM = 134 cattle. As per the owner, ~$400,000 worth of improvements were made to the grazing allotment between Sep 2020 and Sep 2022. The grazing allotment includes ~37 acres of deeded land plus over 14,000 acres of permitted grazing/agricultural land with the Bureau of Land Management and the New Mexico State Land Office. Grazing allotment is under a Conservation Plan with the USDA Natural Resources Conservation Service and, as per the Seller, nets the Seller $200,000 over a 5 year period for following the stipulations of the Conservation Contract. Grazing allotment includes 5 pastures, 10 water storage tanks, 5 wells, fencing, and over 65,000 feet of pipe for supplying 18 drinkers. Approximate acreage breakdown of this property is Deeded Property (~103.19 acres), BLM Leased lands (~3,650 acres), and NM State Land Office Leased acreage (~10,525.6 acres). Documents showing breakdown of deeded lands as well as leased lands; Ninemile Hill Grazing Allotment, Water Rights, Conservation Contract, and leases are available upon request. As an option, the Buyer can purchase the Ranch Home with approximately 66.1 deeded acres and water rights for $850,000 (without including the Ninemile Hill Grazing Allotment).

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Last Modified
1:35pm, January 3, 2024
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Real Broker

Information deemed reliable but not guaranteed.

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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