THE RHODES FARM |
|
|
The Rhodes Farm is a noncontiguous tract of land located in
Chaves County, east of Hagerman, New Mexico and east of the
Pecos River. State Highway 249 (Aberdeen Road) splits the
property with a very small portion of native rangeland (10 to 15
acres) located apart from the main portion of the property. The
total acreage estimated within the farm is 478.89 surface acres
of which approximately 140.1 acres are in cultivation. The
cultivated acre estimate is taken from a USDA Farm Service
Agency map provided by the client. The Subject Farm has been
cash rented over the past five years. The current agreement
expires in December of 2017.
The irrigated land is
currently producing a good stand of alfalfa hay. The irrigation
water is pumped from the Pecos River into a dirt surface
irrigation ditch that distributes the water throughout the farm.
At one location there is centrifugal booster pump that is
utilized to boost head pressure. The irrigated land is situated
in a north/south direction parallel to the Pecos River.
The additional land within the farm is native rangeland. The
rangeland includes a Bureau of Land Management grazing permit
for one animal unit. The federal land is divided into three
small tract, the largest being 40 acres. One tract is on the
north end of the property, one on the east and one on the south.
None of the tracts have a permanent source of water. The water
rights are unique in the Pecos Valley. They are classified as
public and private surface rights. Most of the water is private
drain water rights. The farm can utilize all the drain can
produce less some carriage loss. The water production of the
drain has been as high as 5 acre feet of water per irrigated
acre.
The privately held rangeland is located mostly on
the south end of the farm and between the irrigated land and the
Pecos River. It is assumed that at one time the property was
boundary fenced, but it is unknown as to the current condition
of the fence. No livestock grazing has occurred on the property
in a number of years.
The improvements on the farm are
all located at the farmstead that is directly accessible from
Aberdeen Road. The improvements, which will be described in
detail later in this report, consist of a main residence, tenant
house and hay barn. Domestic water is provided by the community
of Hagerman.Price: $1,100,000.00
|
|
In addition to the farm properties that we currently have
listed there are several other properties that are available,
but not actively being marketed. Contact us and we will give you
the information. |
|