Newkirk, NM 88435,2600 Pajarito Rd Road
Newkirk, NM 88435,2600 Pajarito Rd Road
Newkirk, NM 88435,2600 Pajarito Rd Road
Newkirk, NM 88435,2600 Pajarito Rd Road
Newkirk, NM 88435,2600 Pajarito Rd Road
Newkirk, NM 88435,2600 Pajarito Rd Road
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$1,725,000

$1,725,000

Est.Price: ?

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Est. payment /mo

3,685.5 Acres Lot


SOLD DATE : 02/03/2025

Key Details

Sold Price $1,725,000

Property Type Single Family Home

Sub Type Farm/Ranch

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 20242232

Sold Date 02/03/25

Annual Tax Amount $2,774

Tax Year 2023

Lot Size 3685.500 Acres

Acres 3685.5

Lot Dimensions 3621

Property Sub-Type Farm/Ranch

Property Description

THE PROPERTY: The Pajarito Creek Ranch is located in Guadalupe County New Mexico approximately 27 miles east of Santa Rosa at Newkirk with 1.5 miles of Interstate 40 frontage. 3,685.5+/- acres Total acres (3,445.5+/- Deeded, 240 State Lease) with the possibility of an additional 129 acres private lease. TERRAIN AND VEGETATION: The Terrain is very scenic from level to rolling to creek canyon offering picturesque views and complemented by a live water source. This ranch has a variety of grasses including gramma, galleta, and Sideoats grama along with Juniper and ceder trees. WATER: There are two strong, shallow wells strategically located throughout the property. One is a windmill in the northwest trap with a set of pens. And the second well is a commercial well with a production capacity of 100 GPM, expandable according to driller estimates. This well is located on the northeast side of the ranch and has been an income producing well. LIVESTOCK OPERATION: This ranch is great for a cow/calf operation, or you could easily run yearlings. IMPROVEMENTS: Two sets of pipe corrals and well maintained barbed wire fences with cedar posts sourced from the ranch itself. Not included in the purchase price is a beautiful custom built, 2-bedroom, 2.5 bathroom home in excellent condition, providing comfortable living accommodations. Along with a large apartment in the main metal building. The house along with 3 outbuildings and 1 well on 80 acres can be purchased with the ranch at an additional price of $950,000. Billboard Advertising opportunity along I-40 with strategically placed billboards, creating additional income. WILDLIFE: The ranch has many Antelope and some Mule Deer along with quail, coyotes and other wild animals. BROKER NOTES: This ranch presents a rare opportunity to own a scenic and profitable property without the burden of deferred maintenance. Whether you're seeking a commercial investment or a serene retreat, this property offers endless possibilities.

Location

State NM

County Guadalupe County

Area New Mexico Mls

Building

Water Well-Existing

Others

Acceptable Financing Conventional, Exchange

Listing Terms Conventional, Exchange

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Listed by ZIA REAL ESTATE
Bought with ZIA REAL ESTATE

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