FM 769 2,074.93 Acres of Agricultural Land Offered at $10,326,927 CAD in Tatum, NM 88267

Lea County Organic Farm 2074+- Acres | Lea County, New Mexico Simpson Ranches & Land, LLC is excited to present this exclusive listing for an exceptional income producing farm located in Lea County, New Mexico. The farm produces primary crops of peanuts and cotton. The secondary crops include corn, grain sorghum, milo, alfalfa, and soybeans. Irrigation equipment is very well maintained across the farm. All pivots are powered by three-phase electricity. The 6- Reinke pivots were installed in 2019. The 2-valley pivots installation is unknown. All are in good working order. The water to all pivots is supplied by groundwater wells. All wells are regulated by the New Mexico State Engineers Office. There are 5,934.87 acres feet per annum of water rights that are permitted for the farm. This exclusive listing provides a remarkable opportunity to invest in a highly productive income producing farming operation. The farm is in existence of a well experienced, generational farmer that would like to continue leasing the farm if new buyer is interested. The team at Simpson Ranches & Land, LLC appreciates your interest in this exceptional opportunity to purchase a fantastic income producing farm. For additional information, please do not hesitate to reach out via phone, email, or text. We look forward to discussing the potential that this farmland has to offer. There are 5 other farms available within 10 miles in Cochran County, Texas. Call Anthony Simpson at 210-854-6365 for more information. LOCATION: The farm is located on the New Mexico/ Texas State line on FM 769, 23 miles NW of Plains Texas.