Versatile Investment Opportunity Off Of I-40 Interstate
Media
Summary
Property
- Type
- Recreational Land, Undeveloped Land, Horse Property, Riverfront
- Road Frontage
- Interstate
- Road Surface
- Blacktop/Asphalt
- Fencing
- Low Fence
Land Details
- Pasture
- Grass
- Open
Approximate Distances
| 13.5 mi | to Chambers |
| 60 mi | to Holbrooks |
| 8 mi | to Sanders |
| 38 mi | to Gallup, NM |
Utilities
| Electric: | Onsite |
| Water: | Onsite |
Features/Improvements
- Creek/Spring
Description
With roughly 2,488' of I-40 Highway frontage, this is an investment opportunity you can't miss. This property consists of two parcels being sold together. Seven shares of water rights from Black Creek will be conveyed with the purchase. There are multiple wells on the property. The main well was used for Alfalfa production, producing up to 600 GPM. Other wells on the property could be suitable for residential use. The existing exit 346 off the interstate provides ease of access going east and westbound for truckers or commuters. Traffic counts from the 2022 ADOT report an average of 25,000+ east-west daily traffic and a projected 43,000+ per day in 2042. Good sight lines from the I-40 provide investors the opportunity for retail on the front of the property with light industrial towards the south. Other options could be an RV park, housing development, or multi-use, as power lines and water are abundant throughout. The added benefit is the Black Creek / Puerco River access on the south of the property, diversifying this outstanding piece.
Details
-
2,488’ Highway I-40 frontage road
-
Water rights - 7 shares of surface water flow in Black Creek
-
Existing Highway Exit 346 Pine Springs Road
-
25,000+ average daily traffic
-
600 GPM agriculture well
-
Power lines throughout property
-
River access
Other
Coordinates
35.2821, -109.232
Annual Taxes
$215
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
Buyer’s agents must be identified on the first contact with Broker/Agents and must accompany the buyer on showings to receive full fee participation. Otherwise, the fee participation will be at the sole discretion of the seller, broker, and Whitetail Properties Real Estate, LLC.
