Land for Sale - Farm to Market Rd 769, Tatum, NM 88260 - 2074.93 acres

Lea County Organic Farm

Farm to Market Rd 769, Tatum, NM | Lat/Lng:  33.4620, -103.0672

$6,207,360
2074.93 ac.
11/05/2024
ACTIVE
Main Listing ImageMain Listing Image

Description

Simpson Ranches & Land, LLC is proud to present 2,074± acres of exceptional, income-producing farmland located in Lea County, New Mexico. Positioned along the New Mexico–Texas state line, this premier organic farming operation is supported by outstanding water resources, extensive irrigated acreage, and a proven history of strong crop production. The farm currently produces peanuts and cotton as primary crops, with additional production in corn, grain sorghum, milo, alfalfa, and soybeans. Key Highlights: Organic Irrigated Acres: 1,533.19± irrigated organic acres offering substantial production capability. Center-Pivot Irrigation: 8 pivots in total—six Reinke pivots installed in 2019 and two Valley pivots (installation dates unknown)—all powered by three-phase electricity and maintained in excellent working condition. Water Production: Wells equipped to produce 1,200 GPM, delivering strong and consistent groundwater supply for the entire operation. New Mexico Water Rights: An impressive 5,934.87 acre-feet per year, supported by 11 permitted wells/points of diversion under the New Mexico State Engineer’s Office. Crop Diversity: Strong production history in peanuts, cotton, corn, grain sorghum, milo, alfalfa, and soybeans. Farm Management: Operated by an experienced multi-generational farmer. Location: Ideally situated on FM 769, approximately 23 miles northwest of Plains, Texas. This remarkable offering presents a rare opportunity to acquire a large-scale, well-managed, organic farming operation in an established agricultural region. Whether expanding an existing operation or seeking a proven income-generating asset, this farm is primed for long-term success.

Details

CountyLea
Zipcode88260
Property Type OneFarms
BrokerageSimpson Ranches & Land LLC
Brokerage Linkwww.simpsonranches.com
Land Listing Agent Photo
Anthony Simpson
Simpson Ranches & Land LLC
(210) 854-6365
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