Dryland Farmland in Eddy County

Located just outside the City Limits of Carlsbad, New Mexico, this property offers a myriad of opportunities for commercial, residential, agricultural, industrial, and mining development. Historically farmed, the land is now primed for new ventures, with its most promising potential lying in mining and industrial endeavors.

Although the property currently lacks water rights, it presents a compelling prospect for buyers with existing water rights looking to establish a new pecan orchard. With the possibility of transferring water rights, the potential for agricultural development is within reach.

The presence of an open caliche pit east of Morris Road adds further value to the property. While no current contracts for aggregate removal are in place, the history of aggregate mining underscores the property's suitability for such activities. Caliche and topsoil mining emerge as the highest...