970 +/- Acre Farm in Quay County

  

PROPERTY DESCRIPTION

This 970-acre property offers an exceptional combination of investment potential, cattle production, irrigation, and CRP income, making it an attractive opportunity for both the investor and the cattleman. With multiple income-producing components, this farm is positioned to provide a strong return for the foreseeable future.

A small set of feed pens located in the center of the farm provides an excellent setup for a backgrounding operation. Calves can be started in the pens, turned out onto wheat pasture, and then moved onto the CRP grass after the wheat is grazed out, allowing the cattle to utilize multiple forage sources throughout the year before being marketed.

The property includes a 120-acre irrigation circle equipped with a 2023 Reinke center pivot. Three electric submersible irrigation wells produce a combined 350 GPM, providing a dependable water source for the irrigated acres.

The farm has been set up with an emphasis on low maintenance and efficiency. New pipelines and new electrical lines have been installed, reducing the need for major infrastructure improvements and providing a buyer with a turn-key operation.

With irrigation, CRP, wheat pasture, cattle facilities, and updated infrastructure all working together, this 970-acre property offers a unique opportunity to generate income while maintaining a versatile and productive cattle operation.

PROPERTY LOCATION

From Logan, NM go 17.5 miles to CR 119. The north on 119 .2 miles to the south west corner of the tract.

Latitude: 35.55 / Longitude: -100.18

PROPERTY INFORMATION

Price: $1,400,000
Total Acres: 1,000
Price per Acre: $1,400
Irrigated Acres: 120
CRP Acres: 728
CRP Payments: $17,255
CRP Expiration: 2032
Reservations:

PROPERTY MAPS