317 Highway 3, Ribera, NM 87560 (MLS# 1056355)

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317 Highway 3, Ribera, NM 87560

$859,000
Property Type: Commercial Sale Square Footage: 3,522 Lot Size (sq. ft.): 274,428 Status: Active
Current Price: $859,000 List Date: 1/31/2024 Last Modified: 4/23/2024

Description

Amazing property with the potential to be the perfect indoor/outdoor marijuana grow operation! 6.3 acres along side 840 feet of river frontage. A picturesque, tranquil, secure setting just 45 minutes away from the vibrant city of Santa Fe. 5,640 sf of garage/workshops. There is also a main house of 1487 sq ft, featuring 3 Bdrm/2 Ba adorned with custom doors, granite countertops, and alder wood cabinets. This expansive property has two casitas that add extra layers of versatile utility. Casita one is an unfinished two-story with approximately 600 sq ft 1 Bdrm/1Bath, providing unparalleled views. Please read the supplemental description as this beautiful estate has so much upside potential. Transforming this space has limitless commercial possibilities

Supplements: The second casita, spanning 1435 sq ft, is strategically located within the garage/commercial space. Originally intended as caretaker or live-in security quarters, this space presents an opportunity for customization with some finishing touches. Another additional secondary permitted (LV020104) separate 1,250 gallon septic system was plumbed in and installed 2002. Nature enthusiasts will love the surroundings, as the property is traversed by turkey, bear, lion, deer, hawks, bobcats, and eagles. The 115' deep well ensures a bountiful naturally soft (not hard!) water supply, with the table near to the surface at 25', a water column of approximately 90', 5" well casing and a flow rate of 30 gallons per minute. Perfect for Artists, artisans or mechanics is the 4250 sq ft garage, equipped with four roll up doors, a wood stove and two car lifts (can remain or be removed). There is an adjoining 575 sf wood shop with it's own roll up door. North of the main home there is a 240 sf stand alone shed. The total work & storage area on the property is 5,640 sf. Commercial zoning is possible and can be contingent upon approval. Electrical infrastructure is robust, featuring two 200 amp electric meters and main panels, along with an additional 125 amp subpanel service dedicated to the caretaker casita. The property's versatility extends to the potential for a ranch, orchard, a high-end car garage. Explore the possibilities of a combination indoor / outdoor marijuana grow operation. Seller can possibly acquire water rights if needed. Considering the included second lot, the property may be developed to include up to two primary houses with multiple casitas and RV spaces. With many strategically placed freeze-proof hose bibs, very high speed Fiber Optic internet, NMDOT approved entryway, west frontage and north/south sides fencing, a water acequia runs through the middle, this property is both practical and picturesque. The clear Pecos river graces 840' of the east side, adding to the allure of this remarkable estate. The property was briefly featured in two movies: Red Dawn and Meet the Millers. Don't miss the chance to make this oasis your own and turn your dreams into reality.

More Information MLS# 1056355

Contract Information

Listing Price: 859000 Current Price: $859,000 List Price/SqFt: 243.9 Status: Active

Location

Street #: 317 Street Name: Highway 3 County: San Miguel City/Town Code: Ribera State/Province: NM Zip Code: 87560 Directions: From Sante Fe go east on I-25 to the Ribera exit. Go south approximately 2.8 miles and the gated entrance is on the east side of Highway 3. Geo Lat: 35.359378 Geo Lon: -105.446764 Area: 600 - San Miguel Zone Atlas: NOZA

General Property Description

Property Sub-Type: Warehouse(s) Apx Structured SqFt: 3522 SqFt Source: Broker Acres: 6.3 Lot SqFt: 274428 Apx Lot Dim Front: 950 Apx Lot Dim Side: 289 Lot Description: River front Lot Size Source: Survey Flood Zone: No Flood Map Total # Stories: 2 # Parking Spaces: 15 Docks: No Door Height: 14 Disability Access: No Transaction Type: Sale

Tax & Legal Info

UPC Code: 1082076204435 Short Legal Desc: S: 15 T: 13 R: 14 TRACT A-B W'IN NE4NW4 S15 T13 R14 GRT Code: 12-012 Current Taxes: 5 Tax Exemption: Yes

Miscellaneous

Land Ownership: Land Owned

Cooling

Centrally Ducted: No

Sales Info

Trade/Xch Considered: Yes

Property Features

Location: Highway Frontage; Rural; Other - See Remarks; Highway Frontage; Rural; Other - See Remarks Construction: Frame; Metal; See Plans Exterior Material: Stucco Property Access: W Property Line Road Frontage Type: Highway Road Surface Type: Asphalt; Paved Utilities: Cable Connected; Electricity Connected; Other - See Remarks; Water Connected Heating: 2+ Units; Electric; Propane; Wood Stove Cooling: Window Units(s) Features: 220 Power; Fenced Yard; Overhead Door(s); Security System; Storage Lease Information: None Parking: Covered; Onsite Docs/Data Available: Aerial Map; Disclosure Statement; Survey Finance Considered: Cash; Lease Option; Owner Financing Zoning: A-1
Listing Office: Equity New Mexico
Last Updated: April - 23 - 2024

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