King Farms
Executive Summary
King Farms is 5,114± acres of highly productive irrigated farmland and native pasture with 80± acres of state lease land, located in Santa Fe County, New Mexico. The farm consists of 1,921± acres of pivot irrigated farmland serviced by 19 wells and 19 center pivots which have historically produced quality alfalfa and other crops, with an additional 2,534± acres of native pasture. Located just a short drive from Albuquerque and Santa Fe, this property is ripe for residential or commercial development. With highly valuable water rights, this property is an excellent investment opportunity!
Call Hall and Hall Auctions today to request a brochure!
1-800-829-8747
Auction Date and Location:
- Thursday, August 29th at 10:00 AM MT
- Held at Moriarty Civic Center
202 Broadway, Moriarty, NM 87035
Information Days:
- Thursday, August 1st from 10:00 AM to 12:00 PM MT
- Thursday, August 15th from 10:00 AM to 12:00 PM MT
Meet at the Moriarty Civic Center to learn more about the property and the auction process. Contact Hall and Hall to schedule additional showings.
Just the Facts
• Substantial, valuable water rights
• Several tracts with residential or commercial development potential
• 1,921± acres of highly productive pivot irrigated farmland
• 2,534± acres of native pasture
• 80± of state lease land
• Ample irrigation water from the Estancia Groundwater Basin
• 19 irrigation wells with 19 center pivots
• 30 miles east of Albuquerque
• 45 miles south of Santa Fe
• Several tracts with paved road frontage
Click here to see additional, tract drone footage.
General Description
Tract 1 and Tract 2
· Tract 1 is 318± acres of native pasture
· Tract 2 is 802± acres of native pasture
· Highway 344 frontage
· San Pedro Mountain views
· Excellent development potential
Tract 3
· 148± acres of pivot irrigated farmland
· The northwest and southwest corners are flood irrigated
· Currently planted to alfalfa
· Quonset building Included
Tract 4
· 320± acres of pivot irrigated farmland
· The northwest and southwest corners of both pivots are flood irrigated
· King Road and Dinkle Road frontage
· North portion planted to alfalfa/south portion planted to corn
Tract 5
· 80± acres of pivot irrigated farmland
· The northwest and southwest corners are flood irrigated
· Martin Lane frontage
· Currently planted to corn with corners planted to alfalfa
· Dedicated irrigation well
Tract 6
· 160± acres of pivot irrigated farmland
· Currently planted to corn
· Dedicated irrigation well
· Includes gravel pit
Tract 7
· 241± deeded acres of pivot irrigated farmland (one-and-a-half circles)
· 80± acres of state lease land
· Two dedicated irrigation wells (one for each circle)
· Currently planted to corn
Tract 8
· 80± acres of pivot irrigated farmland (half circle)
· The northwest and southwest corners are flood irrigated
· Currently planted to corn with corners planted to alfalfa
· Dedicated irrigation well
Tract 9
· 476± acres of pivot irrigated farmland and native pasture
· Currently one-and-a-half circles are planted to alfalfa with the balance of the farmland planted to corn
Tract 10
· 893± acres of pivot irrigated farmland and native pasture (Updated)
· The northwest and southwest corners of the northern, middle pivot are flood irrigated
· Includes two full and two half-pivot irrigated circles
· Currently planted to alfalfa/corn/sorghum
Tract 11: Removed from auction.
Tract 12
· 160± acres of pivot irrigated farmland and native pasture
· Currently planted to oats
Tract 13
· 274± acres of pivot irrigated farmland and native pasture (Updated)
· Includes two irrigated circles currently planted to rye grass and sorghum
Tract 14
· 160± acres of pivot irrigated farmland
· Currently planted to sorghum
· Dedicated irrigation well
Tracts 15 – 20
· Tract 15 is 40± acres of native pasture
· Tract 16 is 400± acres of native pasture
· Tract 17 is 20± acres of native pasture
· Tract 18 is 20± acres of native pasture
· Tract 19 is 280± acres of native pasture
· Tract 20 is 160± acres of native pasture
· Excellent development potential
· Incredible mountain views
· Electric service available to all tracts
· Currently used for cattle grazing
Location
The following legal descriptions are estimates. Formal legal descriptions will be available in the forthcoming title commitments.
Tract 1:
Township 11N, Range 7E: Section 12: NW4, N2S2
Tract 2:
Township 11N, Range 7E: Section 12: S2S2
Township 11N, Range 8E: Section 7: All
Tract 3:
Township 10N, Range 8E: Section 13: Part of SW4
Tract 4:
Township 10N, Range 8E: Section 23: W2
Tract 5:
Township 10N, Range 8E: Section 34: W2NW4
Tract 6:
Township 10N, Range 8E: Section 27: SW4
Tract 7:
Township 10N, Range 8E: Section 27: E2
Tract 8:
Township 10N, Range 8E: Section 26: W2SW4
Tract 9:
Township 10N, Range 8E: Section 36: W2, NE4
Tract 10:
Township 10N, Range 8E:
Section 19: E2;
Section 20: PT W2SW4;
Section 29: PT W2NW4;
Section 30: PT NE2; PT S2S2;
Section 31: PT N2
Tract 11: Removed from Auction
Tract 12:
Township 11N, Range 9E: Section 32: NW4
Tract 13:
Township 11N, Range 9E: Section 31: SE4; Section 32: N2SW4, N2S2SW4
Tract 14:
Township 11N, Range 9E: Section 32: S2S2NE4, N2SE4, N2S2SE4
Tract 15:
Township 10N, Range 9E: Section 34: NW4NW4
Tract 16:
Township 10N, Range 9E: Section 34: NE4, E2NW4, SW4NW4, E2SW2, SW4SE4
Tract 17:
Township 10N, Range 9E: Section 27: W2SW4SE4
Tract 18:
Township 10N, Range 9E: Section 27: E2SW4SE4
Tract 19:
Township 10N, Range 9E: Section 27: N2SE4, SE4SE4; Section 26: SW4
Tract 20:
Township 10N, Range 9E: Section 35: NW4
Leases and Permits
· Tract 7 includes the assignment of 80± state leased acres.
· See terms and conditions associated with state lease assignments.
Terms
Summary of Terms:
- A 10% earnest money deposit of the purchase price will be due immediately from all successful bidders.
- A 5% buyer’s premium will be added to the high bid to determine the total purchase price.
- The property and water are being sold “AS IS, WHERE IS” and without any contingencies, including financing.
- Closing will be set 45 days from the auction date or as soon thereafter as closing documents are available.
- Broker participation is available. Contact our auction office for details.
- Kings_EBrochure.pdf Download
- Assessor & Tax Report (Tract 1).pdf Download
- Assessor & Tax Report (Tract 10).pdf Download
- Assessor & Tax Report (Tract 12).pdf Download
- Assessor & Tax Report (Tract 13).pdf Download
- Assessor & Tax Report (Tract 14).pdf Download
- Assessor & Tax Report (Tract 15 - 16, 19 - 20).pdf Download
- Assessor & Tax Report (Tract 17).pdf Download
- Assessor & Tax Report (Tract 18).pdf Download
- Assessor & Tax Report (Tract 2).pdf Download
- Assessor & Tax Report (Tract 3).pdf Download
- Assessor & Tax Report (Tract 4).pdf Download
- Assessor & Tax Report (Tract 5).pdf Download
- Assessor & Tax Report (Tract 6).pdf Download
- Assessor & Tax Report (Tract 7).pdf Download
- Assessor & Tax Report (Tract 8).pdf Download
- Assessor & Tax Report (Tract 9).pdf Download
- Brokers Agency Disclosure.pdf Download
- FSA Maps & Reports (Tract 10 Part).pdf Download
- FSA Maps & Reports (Tract 12).pdf Download
- FSA Maps & Reports (Tract 13 - 14, Other).pdf Download
- FSA Maps & Reports (Tract 3).pdf Download
- FSA Maps & Reports (Tract 4, 6 - 8, 10, Other).pdf Download
- FSA Maps & Reports (Tract 5).pdf Download
- FSA Maps & Reports (Tract 9, Other).pdf Download
- Legal Descriptions (Draft).pdf Download
- Maps - Aerial (Tract 1).pdf Download
- Maps - Aerial (Tract 10).pdf Download
- Maps - Aerial (Tract 12).pdf Download
- Maps - Aerial (Tract 13).pdf Download
- Maps - Aerial (Tract 14).pdf Download
- Maps - Aerial (Tract 15).pdf Download
- Maps - Aerial (Tract 16).pdf Download
- Maps - Aerial (Tract 17).pdf Download
- Maps - Aerial (Tract 18).pdf Download
- Maps - Aerial (Tract 19).pdf Download
- Maps - Aerial (Tract 2).pdf Download
- Maps - Aerial (Tract 20).pdf Download
- Maps - Aerial (Tract 3).pdf Download
- Maps - Aerial (Tract 4).pdf Download
- Maps - Aerial (Tract 5).pdf Download
- Maps - Aerial (Tract 6).pdf Download
- Maps - Aerial (Tract 7).pdf Download
- Maps - Aerial (Tract 8).pdf Download
- Maps - Aerial (Tract 9).pdf Download
- Maps - Flood (Tract 1).pdf Download
- Maps - Flood (Tract 10).pdf Download
- Maps - Flood (Tract 12).pdf Download
- Maps - Flood (Tract 13).pdf Download
- Maps - Flood (Tract 14).pdf Download
- Maps - Flood (Tract 15).pdf Download
- Maps - Flood (Tract 16).pdf Download
- Maps - Flood (Tract 17).pdf Download
- Maps - Flood (Tract 18).pdf Download
- Maps - Flood (Tract 19).pdf Download
- Maps - Flood (Tract 2).pdf Download
- Maps - Flood (Tract 20).pdf Download
- Maps - Flood (Tract 3).pdf Download
- Maps - Flood (Tract 4).pdf Download
- Maps - Flood (Tract 5).pdf Download
- Maps - Flood (Tract 6).pdf Download
- Maps - Flood (Tract 7).pdf Download
- Maps - Flood (Tract 8).pdf Download
- Maps - Flood (Tract 9).pdf Download
- Maps - Topo (Tract 1).pdf Download
- Maps - Topo (Tract 10).pdf Download
- Maps - Topo (Tract 12).pdf Download
- Maps - Topo (Tract 13).pdf Download
- Maps - Topo (Tract 14).pdf Download
- Maps - Topo (Tract 15).pdf Download
- Maps - Topo (Tract 16).pdf Download
- Maps - Topo (Tract 17).pdf Download
- Maps - Topo (Tract 18).pdf Download
- Maps - Topo (Tract 19).pdf Download
- Maps - Topo (Tract 2).pdf Download
- Maps - Topo (Tract 20).pdf Download
- Maps - Topo (Tract 3).pdf Download
- Maps - Topo (Tract 4).pdf Download
- Maps - Topo (Tract 5).pdf Download
- Maps - Topo (Tract 6).pdf Download
- Maps - Topo (Tract 7).pdf Download
- Maps - Topo (Tract 8).pdf Download
- Maps - Topo (Tract 9).pdf Download
- Preliminary Title Commitment (Tracts 15 - 20).pdf Download
- Property Updates - 8.8.24.pdf Download
- Purchase Agreement (Draft).pdf Download
- Sellers Property Disclosure.pdf Download
- Soil Report (Tract 1).pdf Download
- Soil Report (Tract 10).pdf Download
- Soil Report (Tract 12).pdf Download
- Soil Report (Tract 13).pdf Download
- Soil Report (Tract 14).pdf Download
- Soil Report (Tract 15).pdf Download
- Soil Report (Tract 16).pdf Download
- Soil Report (Tract 17).pdf Download
- Soil Report (Tract 18).pdf Download
- Soil Report (Tract 19).pdf Download
- Soil Report (Tract 2).pdf Download
- Soil Report (Tract 20).pdf Download
- Soil Report (Tract 3).pdf Download
- Soil Report (Tract 4).pdf Download
- Soil Report (Tract 5).pdf Download
- Soil Report (Tract 6).pdf Download
- Soil Report (Tract 7).pdf Download
- Soil Report (Tract 8).pdf Download
- Soil Report (Tract 9).pdf Download
- State Lease (Tract 7).pdf Download
- Survey (Tract 3).pdf Download
- Survey (Tract 4).pdf Download
- Survey (Tract 9).pdf Download
- Survey (Tracts 1 - 2).pdf Download
- Survey (Tracts 10 - NEW).pdf Download
- Survey (Tracts 10).pdf Download
- Survey (Tracts 13 - 14).pdf Download
- Survey (Tracts 14 - NEW).pdf Download
- Survey (Tracts 15 - 20).pdf Download
- Survey (Tracts 5 - 8).pdf Download
- Wells & Water Report (Tracts 4 - 8).pdf Download
- Wells & Water Rights (Tract 10).pdf Download
- Wells & Water Rights (Tract 14).pdf Download
- Wells & Water Rights (Tract 3).pdf Download
- Wells & Water Rights (Tract 4).pdf Download
- Wells & Water Rights (Tract 5).pdf Download
- Wells & Water Rights (Tract 6).pdf Download
- Wells & Water Rights (Tract 7).pdf Download
- Wells & Water Rights (Tract 8).pdf Download
- Wells & Water Rights (Tract 9).pdf Download
- Preliminary Title Commitment (Tracts 3 - 14).pdf Download
- Preliminary Title Commitment (Tracts 1 - 2) - Update 8.22.24.pdf Download
- Tract & Water Summary Report.pdf Download