1111 E Herrera Road Hatch, NM 87937

The small farm in Hatch, NM, located on the corner of Canal and Highway 154, has great potential for various applications. The property is currently zoned A2-Agricultural, but it can potentially be changed to accommodate different land uses. The presence of an old dilapidated structure on the prope...rty suggests the need for repairs or renovation if you plan to utilize it. One significant advantage of this property is its water rights. It has both underground water rights and water allocated by EBID (Elephant Butte Irrigation District) on an annual basis. The 6.2 acres of farmland correspond to 27.9 acre-feet of water per year from the well. The annual water allocation from the well wouldamount to approximately 9,079,427 gallons. Continue reading