200-Acre Multi-Income Investment Property - Gravel, Agriculture, Oil/Gas & More!
This is an EXCEPTIONAL opportunity to own a versatile 200-acre property located between Farmington and Aztec, serving the heart of the Four Corners region.
With multiple income streams and untapped development potential, this property is ideal for investors, developers, or ag-focused buyers looking to expand their portfolio.
A 62-Acre Gravel Pit Lease gravel lease is currently in place, generating reliable royalty income, with seller-noted potential for a second gravel site on the northwest portion.
40 Acres of Irrigated Agricultural Land
Equipped with pressurized irrigation and side-roll sprinklers, the productive hayfield offers steady seasonal income.
Oil & Gas Royalties of ongoing mineral income provides monthly cash flow with long-term upside.
Live or Rent the property- A 1,204 Sq Ft Homesite
that is a comfortable 1-bedroom home with easy access—perfect for owner-occupancy or rental income. This home has handicapped amenities. Updated kitchen, appliances, custom cabinets, and Corian countertops.
Plus, 2 RV pads are currently rented, offering even more passive revenue.
Don't miss the Vacant Land & Development Potential.
With a mix of agricultural/undeveloped acreage, the property offers room for expansion, hobby farming, or future development. Buyers to verify possible future use through local Water Users or other utilities
FREE PROPANE REFILLS-
Home operational costs are minimized
Whether you're looking to farm, lease, develop, or simply collect multiple passive income streams, this is a rare, self-sustaining property with built-in profitability and endless potential.
Conveniently located in the thriving Farmington/Flora Vista corridor with access to major services and markets in the Four Corners.
Non-Disclosure will need to be signed before receiving financials.
Listed also as 25-917, 25-919, 25-918
For sale
Price cut: $1M (3/27)
$3,999,500
21 Road 3160, Aztec, NM 87410
1beds
1,204sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1916
200 Acres Lot
$-- Zestimate®
$3,322/sqft
$-- HOA
What's special
Handicapped amenitiesUpdated kitchenCustom cabinetsCorian countertops
- 322 days |
- 191 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Shelbie DiGiacomo 505-326-0110,
R1 New Mexico Farmington 505-326-0110,
Elizabeth A McGinness-DiGiacomo 505-716-8130,
R1 New Mexico Farmington
Source: SJCMLS,MLS#: 25-920
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Main
- Area: 155.25 Square Feet
- Dimensions: 11.5 x 13.5
Dining room
- Level: Main
- Area: 117 Square Feet
- Dimensions: 9 x 13
Kitchen
- Level: Main
- Area: 188.5 Square Feet
- Dimensions: 13 x 14.5
Living room
- Level: Main
- Area: 325 Square Feet
- Dimensions: 13 x 25
Other
- Description: storage/laundry
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11 x 12
Cooling
- Evaporative Cooling
Appliances
- Included: Vented Exhaust Fan, Range Hood, Free-Standing Range
- Laundry: Laundry Closet
Features
- Kitchen Island
- Has basement: Yes
- Has fireplace: Yes
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 1,204
- Total interior livable area: 1,204 sqft
Property
Parking
- Parking features: RV Access/Parking
Accessibility
- Accessibility features: Accessible Doors, Accessible Approach with Ramp, No Steps/No Stairs
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Gravel Landscaping
- Fencing: Wire
Lot
- Size: 200 Acres
- Features: Natural Landscape
Details
- Parcel number: 2067178330198
- Zoning description: Rural/Ag, None/County, Industrial, Commercial
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1916
Community & HOA
HOA
- Has HOA: No
Location
- Region: Aztec
Financial & listing details
- Price per square foot: $3,322/sqft
- Tax assessed value: $211,379
- Annual tax amount: $2,181
- Date on market: 7/13/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Price change | $3,999,500-20%$3,322/sqft |
Source: | ||
| 7/13/2025 | Listed for sale | $5,000,000-4.8%$4,153/sqft |
Source: | ||
| 6/17/2025 | Listing removed | $5,249,999$4,360/sqft |
Source: | ||
| 5/23/2025 | Price change | $5,249,999-16%$4,360/sqft |
Source: | ||
| 4/15/2025 | Price change | $6,249,999-3.8%$5,191/sqft |
Source: | ||
| 10/2/2024 | Listed for sale | $6,500,000$5,399/sqft |
Source: | ||
| 3/7/2015 | Listing removed | $1,000$1/sqft |
Source: Independence Capital, LLC Report a problem | ||
| 1/23/2015 | Listed for rent | $1,000$1/sqft |
Source: Independence Capital, LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,181 +1.1% | $70,459 +2.3% |
| 2023 | $2,156 +31.4% | $68,883 +2.3% |
| 2022 | $1,640 +0.9% | $67,353 +0.2% |
| 2021 | $1,626 +1.5% | $67,207 +1.1% |
| 2020 | $1,602 +10.3% | $66,448 +6.8% |
| 2017 | $1,453 -23.3% | $62,196 +4.6% |
| 2016 | $1,893 +47.5% | $59,483 |
| 2015 | $1,283 -15% | $59,483 +10.4% |
| 2014 | $1,510 +12.6% | $53,868 +1.6% |
| 2013 | $1,340 | $53,005 |
| 2012 | $1,340 +24.2% | $53,005 +3% |
| 2011 | $1,079 | $51,462 +26.6% |
| 2010 | -- | $40,657 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 87410
Nearby schools
GreatSchools rating
- 7/10Lydia Rippey Elementary SchoolGrades: PK-3Distance: 2.8 mi
- 5/10C.V. Koogler Middle SchoolGrades: 6-8Distance: 2.4 mi
- 2/10Aztec High SchoolGrades: 9-12Distance: 3.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Mexico
- San Juan County
- Aztec
- 87410
- 21 Road 3160