Las Colinas
PRIME FARMLAND & WATER RIGHTS FOR SALE SWC King Farm Road & Martin Lane Moriarty, NM 87035 Coldwell Banker Commercial Las Colinas Amar Tesch II Associate Broker 505-563-4659 Office 505-504-1992 Mobile
[email protected] 4801 Lang Ave NE, Suite 100, Albuquerque, NM 87109
© 2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. The information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
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Las Colinas
PRIME FARMLAND & WATER RIGHTS THE PROPERTY
Prime Farmland & Water Rights SWC of King Farm Road & Martin Lane Moriarty, NM 87035
PROPERTY DETAILS • Property consists of Two Tracts: Tract One - 156.81 Acre tract that runs along martin Lane; Tract Two - 40.10 Acre tract which runs along King Road. • Transferable CMA water rights in the Estancia Basin. • +/- 99 Acre feet per year of water rights for commercial, domestic, housing subdivision, or irrigation use. Ells E-1085 & E-1085-S, which can be sold separate from real estate. • Redevelop and sell off as smaller scale farming communities. • Long-term investment for future residential development. • For Land Only $5,076 per acre. • CMA Water Rights $15,000 per acre feet.
PROPERTY SPECIFICATIONS Property Type:
Agriculture/Farmland/ Water Rights
Total Land Available:
+/- 196.91 Acres
Tract One:
+/- 156.81 Acres
Tract Two:
+/- 40.10 Acres
Per Acre Foot:
+/- 8,282.82
PRICE Sale Price:
$1,570,000 total $750,000 land $820,000 water rights Water Rights can be sold separately
Sale Terms:
Cash to Seller Owner Financing
LOCATION INFORMATION
• Located in the heartland of Moriarty’s farming community. • 2.2 Miles from I-40 Frontage Road.
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Las Colinas
PRIME FARMLAND & WATER RIGHTS PROPERTY SURVEY
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GRAPHIC PROFILE 2000-2010 Census, 2012 Estimates with 2017 Projections Calculated using Proportional Block Groups
Prepared By: Amar Tesch II Lat/Lon: 35.0551/-106.0677
King Farm Rd & Martin Ln Moriarty, NM
5 Miles
10 Miles
20 Miles
5,046 5,417 5,432 4,879 4,842
15,407 16,471 16,516 14,925 14,472
38,727 41,217 41,321 37,601 35,781
Population Estimated Population (2012) Projected Population (2017) Forecasted Population (2022) Census Population (2010) Census Population (2000) Projected Annual Growth (2012-2017) Historical Annual Growth (2010-2012) Historical Annual Growth (2000-2010) Estimated Population Density (2012) Trade Area Size
370 1.5% 168 0.4% 37 0.1% 64 psm 78.5 sq mi
1,063 1.4% 482 1.5% 453 0.3% 49 psm 314.0 sq mi
2,490 1.3% 1,126 2.4% 1,820 0.5% 31 psm 1,256.1 sq mi
Race and Ethnicity (2012) Not Hispanic or Latino Population White Black or African American American Indian or Alaska Native Asian Hawaiian or Pacific Islander Other Race Two or More Races Hispanic or Latino Population White Black or African American American Indian or Alaska Native Asian Hispanic Hawaiian or Pacific Islander Other Race Two or More Races
©2015, Sites USA, Chandler, Arizona, 480-491-1112
3,475 2,891 28 78 31 1 53 392 1,572 927 15 41 11 1 74 503
page 1 of 3
68.9% 83.2% 0.8% 2.2% 0.9% 1.5% 11.3% 31.1% 59.0% 0.9% 2.6% 0.7% 0.1% 4.7% 32.0%
10,999 9,122 125 233 84 11 155 1,269 4,408 2,940 47 116 29 6 161 1,111
71.4% 82.9% 1.1% 2.1% 0.8% 0.1% 1.4% 11.5% 28.6% 66.7% 1.1% 2.6% 0.6% 0.1% 3.6% 25.2%
28,495 23,817 317 658 225 26 349 3,103 10,232 7,187 109 280 70 12 327 2,246
73.6% 83.6% 1.1% 2.3% 0.8% 0.1% 1.2% 10.9% 26.4% 70.2% 1.1% 2.7% 0.7% 0.1% 3.2% 22.0%
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
RGRAP3
Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography
GRAPHIC PROFILE 2000-2010 Census, 2012 Estimates with 2017 Projections Calculated using Proportional Block Groups
Prepared By: Amar Tesch II Lat/Lon: 35.0551/-106.0677 RGRAP3
5 Miles
Moriarty, NM
10 Miles
20 Miles
Age Distribution (2008) Age Under 5 Years
315
6.2%
902
5.9%
1,960
5.1%
Age 5 to 9 Years
347
6.9%
1,012
6.6%
2,265
5.8%
Age 10 to 14 Years
377
7.5%
1,104
7.2%
2,603
6.7%
Age 15 to 19 Years
412
8.2%
1,221
7.9%
2,651
6.8%
Age 20 to 24 Years
303
6.0%
807
5.2%
1,630
4.2%
Age 25 to 29 Years
243
4.8%
682
4.4%
1,484
3.8%
Age 30 to 34 Years
255
5.1%
740
4.8%
1,652
4.3%
Age 35 to 39 Years
283
5.6%
844
5.5%
2,012
5.2%
Age 40 to 44 Years
325
6.4%
1,014
6.6%
2,530
6.5%
Age 45 to 49 Years
411
8.1%
1,347
8.7%
3,473
9.0%
Age 50 to 54 Years
442
8.8%
1,417
9.2%
4,011 10.4%
Age 55 to 59 Years
362
7.2%
1,282
8.3%
3,895 10.1%
Age 60 to 64 Years
333
6.6%
1,091
7.1%
3,268
8.4%
Age 65 to 69 Years
249
4.9%
797
5.2%
2,249
5.8%
Age 70 to 74 Years
166
3.3%
523
3.4%
1,379
3.6%
Age 75 to 79 Years
102
2.0%
287
1.9%
804
2.1%
Age 80 to 84 Years
74
1.5%
193
1.3%
463
1.2%
Age 85 Years or Over
49
1.0%
146
0.9%
397
1.0%
Median Age
38.6
40.8
44.2
Generation (2012) Generation 9/11 Millennials (Age Under 10 Years)
662 13.1%
1,914 12.4%
4,225 10.9%
Gen Y to Echo Boomers (Age 10 to 29 Years)
1,335 26.5%
3,813 24.8%
8,368 21.6%
Gen Xers (Age 30 to 49 Years)
1,274 25.3%
3,945 25.6%
9,668 25.0%
Baby Boomers (Age 50 to 69 Years)
1,386 27.5%
4,587 29.8%
13,423 34.7%
Silent Generation (Age 70 to 79 Years)
268
5.3%
809
5.3%
2,183 5.6%
G.I. Generation (Age 80 Years or Over)
122
2.4%
339
2.2%
860 2.2%
©2015, Sites USA, Chandler, Arizona, 480-491-1112
page 2 of 3
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
King Farm Rd & Martin Ln
Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography
GRAPHIC PROFILE 2000-2010 Census, 2012 Estimates with 2017 Projections Calculated using Proportional Block Groups
Prepared By: Amar Tesch II Lat/Lon: 35.0551/-106.0677 RGRAP3
5 Miles
Moriarty, NM
10 Miles
20 Miles
Household Type (2012) Total Households Family Households Family Households with Children Family Households No Children Non-Family Households Non-Family Households with Children Non-Family Households No Children
1,995 1,406 667 739 590 5 584
37.0% 47.5% 52.5% 37.0% 0.9% 99.1%
6,093 4,294 1,992 2,301 1,799 12 1,787
37.8% 46.4% 53.6% 37.8% 0.7% 99.3%
415 986 1,296 596
12.6% 29.9% 39.4% 18.1%
1,258 3,035 3,645 2,423
12.1% 29.3% 35.2% 23.4%
7.1% 34.9% 16.2% 18.4% 10.6% 10.6% 3.5%
$59,766 $50,502 362 2,099 963 1,027 760 760 317
15,912 11,161 4,907 6,255 4,751 23 4,727
39.3% 44.0% 56.0% 39.3% 0.5% 99.5%
Education Attainment (2012) Elementary or Some High School High School Graduate Some College or Associate Degree Bachelor or Graduate Degree
2,591 9.4% 7,193 26.0% 8,881 32.2% 8,953 32.4%
Household Income (2012) Estimated Average Household Income Estimated Median Household Income HH Income Under $10,000 HH Income $10,000 to $34,999 HH Income $35,000 to $44,999 HH Income $50,000 to $79,999 HH Income $80,000 to $94,999 HH Income $100,000 to $149,999 HH Income $150,000 or More
©2015, Sites USA, Chandler, Arizona, 480-491-1112
$56,209 $49,106 142 697 323 366 211 211 70
page 3 of 3
5.9% 34.4% 15.8% 16.9% 12.5% 12.5% 5.2%
$71,044 $60,656 864 4,455 2,152 2,816 2,485 2,485 1,602
5.4% 28.0% 13.5% 17.7% 15.6% 15.6% 10.1%
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
King Farm Rd & Martin Ln
Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography