CannaMLS ID: 23460
Created | Updated
Price
$ 789,000
FOR SALE BY OWNER: SALE PRICE Homestead with Cannabis Growing and Distribution Opportunity!!
Address (1): 55 Suzy Ann
Address (2): Alamogordo, N.M. 88310
Property is: For sale
Property type: Agriculture, Mixed use, Residential
Purchase price: $ 789,000
Lot size (acres): 4.75
Power: 200 AMP Servicing through out Property
Parking spots: 7
Parcel number: 01O4053101349235
FOR SALE BY OWNER: SALE PRICE
Homestead with Cannabis Growing and Distribution Opportunity
Property For Sale: 4.75 Acres in Alamogordo, New Mexico
Overview
• Location: Alamogordo, New Mexico, in the lower southwest region, approximately one hour from El Paso, Texas, and the Mexico border, featuring stunning mountain views.
• Acreage: 4.75 acres, ideal for agricultural cultivation, including licensed cannabis operations and vegetable farming.
• Home Appraisal: $467,000 (home only, built in 1977, move-in ready).
• Inspections: Passed VA Loan Department inspections (termite, septic, well, and home) in October 2025.
• Financing: Owner financing available with 50% down and flexible 7–10-year terms. Land division possible with a reasonable offer.
• Market Opportunity: New Mexico’s thriving cannabis market, driven by strong in-state demand and tourism, offers significant growth potential for cultivators and investors.
• Requirements: Proof of financials, state ID, and verified proof of residence required for detailed information.
Property Features
• Home: 1,650 SF, 3 bedrooms, 2 full bathrooms, move-in ready.
• Fencing: 10-ft tall privacy-covered fencing surrounding the 4.75 acres, ensuring security and privacy for agricultural operations.
• Utilities: 2,000-amp electric power capacity supporting agricultural equipment; separate utilities with active power and a new natural gas hookup for heating (unused heaters available).
Agricultural Structures
• 1x Aquaponics Greenhouse (1,500 SF): Previously used for a 400-plant tomato operation, generating up to $700 weekly at local farmers' markets. Fish available for aquaponics system.
• 2x Cannabis Greenhouses (2,400 SF each): Equipped with durable galvanized steel frames and concrete retainer block footing (considered a permanent foundation). Features evaporative cooling, natural sunlight, and controls for temperature, humidity, and ventilation, ideal for cannabis or other cultivation purposes.
Additional Structures (Non-Living Areas)
• Concrete Patio: 35.6 SF (4 x 8.9).
• 2-Car Detached Garage with Workshop and Storage: 1,035 SF (45 x 23), includes a 980.8 SF concrete patio (16 x 61.3).
• 3-Car Detached Garage: 875 SF (35 x 25), includes a 179.9 SF concrete patio (20 x 9).
• 6-Car Detached Structure (2,480 SF, 40 x 62): Built in 2021, adaptable for RV storage, tractors, or cultivation usage. Includes a 240-amp RV hookup and a temperature-controlled 7 x 24 (168 SF) mobile grow box.
• Barn: 940 SF (20 x 47), concrete building with reinforced steel and heavy R-panel, featuring 5 roll-up doors and a separate 7 x 10 (70 SF) storage area.
• Peacock Aviary: 588 SF (21 x 28). Enclosed, includes 11 peacocks to stay with the property.
• 2-Level Chicken House: 364 SF (26 x 14), with a second level of 98 SF (14 x 7).
Greenhouse Foundations
• Constructed with durable galvanized steel frames and concrete retainer block footing, considered a permanent foundation for long-term stability.
Additional Notes
• Development Flexibility: Ample space for expanding cultivation, manufacturing, or vertically integrated operations.
• Cannabis Opportunity: Strategically positioned to establish a footprint in New Mexico’s dynamic cannabis market, supported by a favorable regulatory climate and strong growth potential.
Address (1): 55 Suzy Ann
Address (2): Alamogordo, N.M. 88310
Property is: For sale
Property type: Agriculture, Mixed use, Residential
Purchase price: $ 789,000
Lot size (acres): 4.75
Power: 200 AMP Servicing through out Property
Parking spots: 7
Parcel number: 01O4053101349235
Looking for cannabis friendly financing, real estate loans, or growth capital for your business? Click here to get started!