784.5+ Acres - 2540 AFA of Water Rights

$ 1,500,000

  Details

ID : 10
Highway 375 North of Rachel, Nevada, Lincoln County, NV
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784.5 +/- Acres - 2540 AFA Water Rights. The Lincoln Estates property is currently zoned mixed use, commercial, industrial, and single family. New owners could apply to change zoning back to historical agricultural use.

784.5 +/- Acres
2540 AFA Water Rights
List Price:  $1,500,000.00

The historical irrigation duty is 5 AFA per acre, therefore, 500 acres potentially could be irrigated. The surrounding land owners are irrigating alfalfa with pivot irrigation systems. This hydrographic basin, like most of Nevada's rural hydrographic basins, is "designated", and new applications for irrigation water are denied. The topography is flat and conducive to pivot irrigation. This is a great opportunity to acquire land with water rights.