King Farm Road & Martin Lane is aland property for lease in Moriarty, NM.
• Property consists of Two Tracts: Tract One - 156.81 Acre tract that runs along martin Lane; Tract Two - 40.10 Acre tract which runs along King Road.
• Transferable CMA water rights in the Estancia Basin.
• +/- 99 Acre feet per year of water rights for commercial, domestic, housing subdivision, or irrigation use. Ells E-1085 & E-1085-S, which can be sold separate from real estate.
• Redevelop and sell off as smaller scale farming communities.
• Long-term investment for future residential development.
• For Land Only $5,076 per acre.
• CMA Water Rights $15,000 per acre feet.
• Located in the heartland of Moriarty’s farming community.
• 2.2 Miles from I-40 Frontage Road.