Corn Farmland in New Mexico

Corn farmland in New Mexico for a 640 - 1,000 Acres parcel costs approximately $1,457 per acre, with a total investment of $1,194,740. The estimated annual ROI is 20.5% with cash rent of $58 per acre.

New Mexico has 24,800 farms with an average size of 1,742 acres. Farmland prices average $620 per acre statewide, with 5.5% year-over-year appreciation. Cash receipts total $3.8B annually.

The estimated annual ROI is 20.5% for a 640 - 1,000 Acres parcel, generating $244,360 in annual income ($298 per acre). The 5-year appreciation estimate is 447.0%.