Portales, NM - Cannabis Business, 2 Homes, and more

on 15 irrigated acres 

1864 NM 236, Portales NM


We are now offering a beautiful 15 acre irrigated property with a main home, second smaller home, awesome shop with pipe horse stalls and more recently a cannibis gow facility.  Current owner has a producers license, manufacturersy license and retailers license.  New owners will need to apply for the licenses of their choice through the New Mexico Regulation and Licensing Department.   

First is the all electric main home with almost 1,700 sf of living space including 3 bedrooms, 2 bathroom, laundry and large office area.  The kitchen has custom made hard wood cabinets, center island, built in microwave, dishwasher, glass top electric stove/oven and side-by-side refrigerator with ice and water in the door - all Whirlpool and stay with the home.  The kitchen window overlooks the backyard and on to the back of the land.  The bedrooms are large enough for king size beds, with the master having an ensuite, new carpet and newer fixtures in the bathrooms.  This home is very energy efficient with good insulation and double paned windows are well sealed per an Excel Energy Review.  In addition to the Puron heat pump providing heat and air, there is a wood burning stove in the living room for extra comfort.  It's stucco exterior, brand new shingle roof and fenced yards finish it off.

The second home is 1,056 sf with 2 bedrooms, 2 bathrooms, separate laundry and eat in kitchen.  This would make an excellent home for additional family, a hired hand, or rental - so many opportunities.  The new wood look tile makes it extra attractive.

Behind the main home is an 832 sf oversized double garage housing not only 2 vehicles, but a separate storage room the full width of the garage.  Both doors have wireless openers.  In addition is an 120' x 60' metal barn with full cement floor, insulated, electrical outlets, grow lights, drying room, bathroom and off one side are horse stalls which could be used for multiple purposes; there is storage off the other side for tractors, equipment, etc.  You can't find one this nice very often!  Heavy duty roll up doors and a walk through door to an office.  

For the horse enthusiast, there are 7 heavy metal horse stalls with one being a stud stall and plenty of water for all the stalls.  There is a tack room inside a container near the stalls.  Currently the irrigated pasture is in native grasses, but could be used for many crops including more cannabis.

All this sits outside the city limits.  Houses are on public water; both homes and apartment have separate septic systems and the 12.25 acres of irrigating water rights will transfer to new owner at closing.  Water rights are supreme in Eastern New Mexico with it's high desert

PRICE: $600,000 

Thriving Cannabis Grow Facility and

 2 homes, 15 fenced acres with water rights, pipe horse stalls and 

100x60 metal grow facility and equipment storage

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