1 E Kincaid Road

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1 E Kincaid Road

Artesia, NM 88210
Asking Price
$1.50M
Asset Type
Farm Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Large agricultural land asset spans 336 total acres
  • Offered for sale at a price of 1,500,000 dollars
  • Located in the productive farming region of Artesia
  • Suitable for diverse agricultural operations and cultivation uses
  • Positioned within the active economy of the Permian Basin

What's Special

This 336-acre farm located at 1 E Kincaid Road in Artesia, New Mexico, presents a significant land holding for agricultural operations. Positioned within Eddy County, the property benefits from the region's established history of farming and ranching, reflecting the rural character of southeastern New Mexico. The scale of the acreage offers versatility for various cultivation techniques or large-scale livestock management, catering to experienced agricultural investors looking to expand their regional footprint. Artesia serves as an active hub within the Permian Basin, where the agricultural sector operates alongside a robust energy economy. This land is well-suited for operators focused on regional produce, crop production, or grazing activities that require expansive, accessible terrain. The parcel’s location provides functional proximity to local transportation routes, facilitating the movement of equipment and yield throughout the surrounding rural landscape.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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