Cowan/Vandiver Roads 480
Cowan/Vandiver Roads 480
State: New Mexico
Region: Northeastern New Mexico
County: Union
Property Type: Farmland-Grass-CRP
Acres: 480 acres more or less
Price: $480,000.00
Taxes: Approximately $517.02
Location: 247 Vandiver Rd., Sedan, New Mexico
This property is located three miles east of Sedan, New Mexico on Hwy. 102 to Cowan Road thence north on Cowan Road for two miles to Vandiver Rd. and the southeast corner of the 480 acre tract of land.
The property has on its east boundary one mile of frontage on Cowan Road which is an all-weather road. The property has on its south boundary one mile of frontage on Vandiver Road which is a county maintained dirt road to the southwest corner of the property then becoming an all-weather road progressing west to New Mexico Hwy 402.
The property is well improved with the following:
1.In very good condition is a three bedroom, two bat...
1.In very good condition is a three bedroom, two bath modular home with fireplace containing approximately 1500 sqft of living area.
2.A 40 x 80 straight wall metal building with the following:
a.A walk-through door and a large roll-up door high enough to accommodate a semi-tractor/trailer.
b.A concrete floor with a grease trap for use in changing oil in vehicles and for other repairs.
c.Electricity.
3.The northeast section has 121.1 acres currently enrolled in the Conservation Reserve Program until September 30, 2023 at $42.00 per acre. The corners on all three fraction sections remain in native grass.
4.The property is irrigated by three mile pivot sprinklers all being tied together by underground irrigation pipe including two irrigation wells included.
The Valley sprinkler is nozzled for approximately 200 gallons per minute with half of the circle in cultivation and half in improved grasses with a clover mix.
A reconditioned Gifford Hill sprinkler is located on a section which is sown in improved pasture.
A third Gifford Hill sprinkler is located on the section of land currently enrolled in the Conservation Reserve Program and is not in use at this time.
5.The two irrigation wells are equipped with turbine pumps powered by vertical, hollow-shaft electric motors which provide water to operate one sprinkler at a time.
The irrigation wells are thought to be drilled approximately 300 ft. deep however a new domestic well on the property which is equipped with a submersible electric motor, pump and controlled panel has been drilled approximately 500 ft. deep into a lower level of water.
It is thought that spudding down (deepening) the wells may possibly increase the production of each well considerably together with the possibility of also drilling new wells into the lower level of water.
A prospective buyer is hereby notified and advised by broker and the owner of the property, to consult New Mexico water authoritys, well drillers and pump companies to ascertain the possibility of deepening the existing wells and/or drilling new wells.
The present owner has moved to another state and is very motivated to sell the property. Possession of the improvements and the property will be available to buyer upon closing and funding of the purchase of the land by buyer.
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