Prebidding for New Mexico Multi Parcel Real Estate Auction

Online Auction in 1400 Lechuga, Vado New Mexico,

30 Friday
30th July, 2021

Prebidding for New Mexico Multi Parcel Real Estate Auction

Online Auction in 1400 Lechuga, Vado New Mexico,

Friday at - 30th July , 2021

Notes

All Items Sold As-Is with no warranties expressed or impliedTerms and Conditions:Absolute Multi-Parcel Live Real Estate Auction Starting July 30th 11am Mountain Time, Online bidding will end at 10am Mountain Time and all high bids from online will be used as the opening bid for the live multi parcel auction. A 6% Buyer's Premium plus New Mexico Gross Receipts Tax on the Buyer?s Premium will be added to final bid to determine the contract purchase price. Bidders will be required to sign Terms & Conditions, Seller's Addendum, auction terms and conditions at registration and upon the conclusion of the auction the high bidder(s) will sign a New Mexico Real Estate Purchase Agreement for each of the parcels Buyer is placing under contract. Buyer is required to provide a non-refundable down payment of 10% times the high bid purchase price that is due on auction day to Southwestern Abstract and Title Company High Bid. Property is sold as is with no warranties and no contingencies. Closing is to occur not later than 45 Calendar days of auction completion time and date. Auction Preview DatesJuly 28-29th 10 am to 5 pm each dayPlease schedule your viewing in advanceAuction Day from 9am-10amViewings may be available in advance by appointmentProperty Locations:River Valley Dairy: Property Address: 1400 Lechuga, Vado, NM 88072Entrance 1 (Tracts 1-3) :Enter Rd. to dairy at I-10 Access Rd. South Bound from Vado Exit and Lechuga. Lechuga Rd. dead-ends in Tract 1. Tract 2 and 3 are accessible from the on-property road. Entrance 2: (Tract 4) Enter most southern Parcel of River Valley Dairy off of Hwy 478 by turning east on Franco Rd. and continuing over the Irrigation Lateral. Property is located on your right. Sun Valley Dairy:Property Address: 181 Links Rd, Anthony, NM 88021Entrance 1: (Tract 1&2) Turn east off of I-10 Access Rd. on Berino Rd. Take immediate turn to the south. Property begins at this corner and continues throughout Tract 1 and 2.Entrance 2: Turn east off of I-10 Access Rd. on Marques. Marques deadens on Tract 2. General Area Information-The Rio Grande Valley is well known for its popular agricultural industry. The locations of both the Sun Valley Dairy and the River Valley Dairy are convenient to the Interstate I-25, rail, close proximity to Las Cruces, NM where I-10 and I-25 converge and within miles of the borders of Texas and Mexico. New Mexico has lower property taxes than Texas, making this a fantastic industrial location. Santa Teresa, NM and El Paso, TX are a popular location for major imports and exports with Mexico. Additionally, as we are experiencing a large amount of residential and commercial growth in Las Cruces, NM and both the East and West sides of El Paso, Tx. Either of these two sites offer multiple parcels that are developable.

Description

New Mexico Multi Parcel Real Estate Auction July 30th 11amLOT 1: Sun Valley Dairy Tract 1: +/-28.140 AC (Homesite Property w/ 2 homes, horse barn/shop)The headquarters/homesite property at Sun Valley consists of an approximately 7,000 SF custom home constructed in 1994 as the owners' dream home. It is often referred to as the "White House" between El Paso and Las Cruces. This amazing home reflects the type of estate that would be typical in horse country such as Kentucky. It has timeless effects great for housing a large family and perfect for entertaining. There are multiple fireplaces throughout the home. The exterior amenities add an entire dimension to the property. There are porches and storage galore. The home was recently reroofed. There are six bedrooms, three full bathrooms, two ¾ bathrooms and a half bath. It is hard to miss when you are driving past this property. This home consists of 3 meticulously designed levels that add to the exterior ambiance. The1st floor contains the main living quarters as well as two wings separated by corridors of windows and access to the exterior. The primary living space contains a fully functional kitchen with top-of-the-line appliances for the era the home was built, cozy family areas and a formal dining area as well as plenty of windows to the backyard. The utility room is quite large and contains much useable space for laundry purposes, hobbies and storage.The north wing contains a large living area with high ceilings as well as an entertainment suite perfect for entertaining guests. The opposite suite contains guest quarters with a kitchenette and a second story that could be considered in-law quarters or guest quarters. The office is in the east wing on the 2nd floor. There is a ¾ bathroom in the office which could make it capable of being utilized as a bedroom.The exterior contains a large custom pool with cover that is surrounded by a full screen enclosure and natural stone surfaces as well as natural stone accent features. There is also a conveniently located pool house with a ¾ bathroom. The backyard has a huge grass lawn and is completely fenced. There is even a For those of you that love garage/shop space, this home could be a property to consider. There is an attached 3 car garage with plenty of storage space. Above the garage is a media room or entertainment space that can also be considered a bedroom as it has plenty of closet space. Additionally, there is a large shop that was constructed in the same fashion as the main home with a connected horse corral setup and the interior has concrete floors. The second home located on the property is the original farmhouse constructed for the original owners of the dairy. The home is approximately 3400 SF constructed in approximately 1988. This home has been well kept and has been upgraded over time. The home is a ranch style home with a brick exterior and a tile roof. The home has 4 bedrooms, a full master bath with a jet tub, a ¾ guest bathroom and an additional full bath for the bedrooms to access. The home has 2 living areas, an abundance of natural lighting, a dining area in addition to an eat-in bar in the kitchen and a fireplace. The home is very comfortable and has substantial space surrounding it to implement a very large country style yard. The circular drive and 3 car garage offer plenty of space for vehicles and hobbies.This overall property provides plenty of space as well as the zoning flexibility to utilize it in a wide array of fashions. The zoning on most of the property is currently I2 or Medium Industrial Zoning according to Dona Ana County. There are no irrigation water rights currently associated with the property. There is a small portion of this tract that is zoned T3 or Neighborhood Edge Zone. The existence and/or quantity of commercial underground water rights utilized for the prior dairy operation are in the process of being confirmed with the Office of the State Engineer. The property has been utilized for industrial, agricultural, residential and hobby purposes in the past. It is recommended that the buyer contact Dona Ana County to verify that buyer's intended use is allowable. LOT 2: Sun Valley Dairy Tract 2: +/- 97.876 AC Dairy Property(Feedlot, Office, Dairy, Barns & Shop Site)The dairy farm property contains approximately 97.876 AC parcel that was once used as a commercial dairy operation. The improvements include an office, milking parlor, truck scales, commodity barns, feed processing center, hay barns, maintenance shop, feed lanes with attached confinement pens, tanks for storage and wastewater lagoon system. See associated documentation in disclosures for more information relative to this parcel.This property has many feasible uses in addition to its previous function as a dairy. The location is conveniently accessed from the access road adjacent to I-10. The dairy property would be fantastic for livestock operations and other commercial or medium intensity industrial ventures with its easy access to I-10. The property is also a fantastic developable parcel located in Southern New Mexico less than 5 miles from the Texas line with close proximity to the fast-growing city of El Paso, TX and the popular retirement destination Las Cruces, NM. Santa Teresa, NM and El Paso, TX are a popular location for major imports and exports with Mexico. The Rio Grande Valley is well known for its agricultural industry. The location of this property is convenient to the highway, rail, and the borders of Texas and Mexico. The property is zoned I2 according to Dona Ana County, which is Medium Intensity Industrial. New Mexico has lower property taxes than Texas, making this a fantastic industrial location. There are no irrigation water rights currently associated with the property. The existence and/or quantity of commercial underground water rights utilized for the prior dairy operation are in the process of being confirmed with the Office of the State Engineer. River Valley DairyLOT 3: River Valley Dairy Tract 1: +/-93.790 AC Primary Dairy Property (Office, Milking Parlor, Barns & Shop site)River Valley Dairy is located on industrial zoned land is located between El Paso, TX and Las Cruces, NM just south of Vado, NM. This is a unique opportunity to run a dairy, develop industrial land, raise cattle on a feedlot, raise other livestock or partake in other industrial activities. The dairy facility/feedlot consists of an office, certified scales, milking parlor, an abundance of corrals with stanchions and shade structures, grain storage, semi-truck parking, truck cleaning facility, maintenance facilities, equipment storage, a full office, wastewater lagoon, water supply wells, monitoring wells, commodity storage and hay storage. Approximately 105 AC-FT of commercial water rights administered by the Office of the State Engineer are included in the sale of this property, subject to buyer transfer. With the location being so close to the Texas and Mexico Borders, much of the interest in this property has been by feedlot operators. There is direct access from the I-10 access road. The property is located very close to the Vado/I-10 exit. Additionally, the property is not far from a locally operated rail spur. There is three phase power and wells in place for the commercial operation. There is also straight access through the property on Lechuga Rd. to Highway 478. This access is paved to the property. This is a great opportunity to purchase land that has many uses. The property is zoned I2, which is Medium Industrial. This zoning permits medium-intensity industrial activities that serve a community or communities. The property would be great for a wide range of industrial and/or farming purposes. Lot 4: River Valley Dairy Tract 2 +/-65.450 AC Feedlot Property(Feedlot/Pens & Irrigated farmland)The Rio Grande Valley is well known for its popular agricultural industry. The location of River Valley Dairy is convenient to the Interstate I-25, the rail, within close proximity of Las Cruces, NM where I-10 and I-25 converge and within miles of the borders of Texas and Mexico.New Mexico has lower property taxes than Texas, making this a fantastic industrial location. Santa Teresa, NM and El Paso, TX are a popular location for major imports and exports with Mexico. Additionally, as we are experiencing a large amount of residential and commercial growth in Las Cruces, NM and both the East and West sides of El Paso, Tx.River Valley Dairy was recently platted into multiple parcels to allow for more flexibility of use as industrial property. Whether an investor is looking for industrial property to hold, a company needs adequate space, or a cattle raiser needs livestock pens, this is an option! The property is conveyed with 65.45 AC-FT of commercial underground water rights as well making it an intriguing parcel for an industrial facility or plant. There are also approximately 11.6 acres (+/-52.2 AC-FT) of a combined irrigation rights associated with the property. Both the existence and transferability of all water rights are subject to the Office of the State Engineer's approval. Surface water usage is administered by EBID. LOT 5: River Valley Dairy Tract 3: +/-39.335 AC Feedlot Property(Feedlot/Pens & Vacant Land)The Rio Grande Valley is well known for its popular agricultural industry. The location of River Valley Dairy is convenient to the Interstate I-25, the rail, close proximity to Las Cruces, NM where I-10 and I-25 converge and within miles of the borders of Texas and Mexico.New Mexico has lower property taxes than Texas, making this a fantastic industrial location. Santa Teresa, NM and El Paso, TX are a popular location for major imports and exports with Mexico. Additionally, as we are experiencing a large amount of residential and commercial growth in Las Cruces, NM and both the East and West sides of El Paso, Tx.River Valley Dairy was recently platted into multiple parcels to allow for more flexibility of use as industrial property. Whether an investor is looking for industrial property to hold, a company needs adequate space, or a cattle raiser needs livestock pens, this is an option! The property is conveyed with 39.335 AC-FT of commercial water rights as well making it an intriguing parcel for an industrial facility or plant. The existence and transferability of all water rights are subject to the Office of the State Engineer's approval. Water rights are subject to approval of transfer and use by Office of the State Engineer. LOT 6: River Valley Dairy Tract 4: +/-43 AC (Vacant Land, Stalls)This +/-43 AC parcel is great for someone with livestock and for farming. Additionally, there is a growing desire to for people to reside in less populated areas. The property has a combination of farmland and developable land. The developable land was recently cleared of dwellings and other structures. There is power on the property that was once utilized for a residence that was removed. The property can be accessed from Franco Rd. from Either El Paso or Las Cruces from Hwy 478. The nearest exit from I-10 is the Vado exit. Franco Rd. is not currently a thru street making traffic minimal and providing the opportunity to create a rather private facility. There are also +/-28.64 AC of irrigated lands that have 4.5 AC-FT per acre (+/-128.88 AC-FT) combined underground/surface irrigation water rights. There is not an existing irrigation well on the property. Irrigation Water Rights are subject to approval of transfer and use by Office of the State Engineer. Surface water use an administration is administered by Elephant Butte Irrigation District. The farm has historically been utilized as a row crop farm for the growth of a variety of crops popular in Southern NM. The property would be fantastic for a horse property, a farm with a homesite, a greenhouse location or simply a site for development into multiple residential parcels. The area is well-known for growing chili, cotton, corn, pecans, alfalfa, silage, melons and more.Terms and Conditions:Absolute Multi-Parcel Live Real Estate Auction Starting July 30th 11am Mountain Time, Online bidding will end at 10am Mountain Time and all high bids from online will be used as the opening bid for the live multi parcel auction. A 6% Buyer's Premium plus New Mexico Gross Receipts Tax on the Buyer?s Premium will be added to final bid to determine the contract purchase price. Bidders will be required to sign Terms & Conditions, Seller's Addendum, auction terms and conditions at registration and upon the conclusion of the auction the high bidder(s) will sign a New Mexico Real Estate Purchase Agreement for each of the parcels Buyer is placing under contract. Buyer is required to provide a non-refundable down payment of 10% times the high bid purchase price that is due on auction day to Southwestern Abstract and Title Company High Bid. Property is sold as is with no warranties and no contingencies. Closing is to occur not later than 45 Calendar days of auction completion time and date. Auction Preview DatesJuly 28-29th 10 am to 5 pm each dayPlease schedule your viewing in advanceAuction Day from 9am-10amViewings may be available in advance by appointmentProperty Locations:River Valley Dairy: Property Address: 1400 Lechuga, Vado, NM 88072Entrance 1 (Tracts 1-3) :Enter Rd. to dairy at I-10 Access Rd. South Bound from Vado Exit and Lechuga. Lechuga Rd. dead-ends in Tract 1. Tract 2 and 3 are accessible from the on-property road. Entrance 2: (Tract 4) Enter most southern Parcel of River Valley Dairy off of Hwy 478 by turning east on Franco Rd. and continuing over the Irrigation Lateral. Property is located on your right. Sun Valley Dairy:Property Address: 181 Links Rd, Anthony, NM 88021Entrance 1: (Tract 1&2) Turn east off of I-10 Access Rd. on Berino Rd. Take immediate turn to the south. Property begins at this corner and continues throughout Tract 1 and 2.Entrance 2: Turn east off of I-10 Access Rd. on Marques. Marques deadens on Tract 2. General Area Information-The Rio Grande Valley is well known for its popular agricultural industry. The locations of both the Sun Valley Dairy and the River Valley Dairy are convenient to the Interstate I-25, rail, close proximity to Las Cruces, NM where I-10 and I-25 converge and within miles of the borders of Texas and Mexico. New Mexico has lower property taxes than Texas, making this a fantastic industrial location. Santa Teresa, NM and El Paso, TX are a popular location for major imports and exports with Mexico. Additionally, as we are experiencing a large amount of residential and commercial growth in Las Cruces, NM and both the East and West sides of El Paso, Tx. Either of these two sites offer multiple parcels that are developable.

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