Highway 304
Veguita, NM 87062
About This Property
The Casa Colarada Farm sits at the southwest corner of State Highways 346 and 304 just a few minutes south of Belen, NM within the Rio Grande Valley. There are two productive fields, one 5 acre and one 10 acres. Both fields have been planted in Alfalfa for the past few years. Local farmers typically get 4 cuts per season. Irrigation water is provided by the Middle Rio Grande Conservancy District from April through October at the rate of $59 per acre watered. A concrete ditch services both fields. Currently the property is zoned Agricultural although having Highway frontage brings opportunity for commercial development as well. Pre 1907 Water Rights are Declared and Approved by the New Mexico State Engineers Office and are NOT reflected within the list price.
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Daria Derebera
Real Estate Broker in Albuquerque, NM