Contact Seller:
Bobby Shaw Realty

 

O Bar Farm

For Sale (Available)
$931,000

+/-980 acres in Quay County, New Mexico

Nara Visa, New Mexico 88430

Property Type:

Farm/Ranch
 

Description

Ideal investment opportunity with income from Conservation Reserve Program, and possible future irrigation development. Wildlife include Pronghorn, Blue Quail, and Mule Deer. Very useable pipe corrals with concrete feed bunks. One irrigation well (condition unknown) and two domestic wells (condition unknown). Property fronts BNSF railroad for 2 miles with a railroad siding which could allow for installation of railroad spur. No home, but has two useable outbuildings. This property has a very well established stand of grasses due to being rested in the CRP program since 1985. Property is enrolled in the CRP until September 30, 2022 at $34.00 per acre. In the past 160 acres were irrigated and the rest was dryland. Farm Service Agency (FSA) office indicates the property has a 940.6 acre Grain Sorghum base if not enrolled in CRP. Co-owner of this property is a licensed New Mexico Associate Broker with Bobby Shaw Realty, 5610 N. Grimes, Hobbs, New Mexico 575-602-3935 rodsmith2827@gmail.com


Directions

Farm is located 16 miles northeast of Logan, NM and 8 miles southwest of Nara Visa, NM via Highway 54.