Orchard & Fruit Farmland in New Mexico

Orchard & Fruit farmland in New Mexico for a 320 - 640 Acres parcel costs approximately $2,057 per acre, with a total investment of $987,360. The estimated annual ROI is 20.4% with cash rent of $82 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 20.4% for a 320 - 640 Acres parcel, generating $201,600 in annual income ($420 per acre). The 5-year appreciation estimate is 631.0%.