Dryland Farmland in Eddy County

Located just outside the City Limits of Carlsbad, New Mexico, this property offers a myriad of opportunities for commercial, residential, agricultural, industrial,  and mining development. Historically farmed, the land is now primed for new ventures, with its most promising potential lying in mining and industrial endeavors. Although the property currently lacks water rights, it presents a compelling prospect for buyers with existing water rights looking to establish a new pecan orchard. With the possibility of transferring water rights, the potential for agricultural development is within reach. The presence of an open caliche pit east of Morris Road adds further value to the property. While no current contracts for aggregate removal are in place, the history of aggregate mining underscores the property's suitability for such activities. Caliche and topsoil mining emerge as the highest and best use of the land, promising substantial returns on investment. Furthermore, the property benefits from its strategic location amidst ongoing residential and commercial developments. Easy access to Derrick Road facilitates transportation and logistics, making it an ideal location for industrial operations. Surrounded by a perimeter fence of net wire with a single strand of barbed wire at the top, the property offers security and delineation of boundaries. Don't miss this rare opportunity to acquire prime industrial land with immense potential for mining and industrial development. Contact us today for more information.