Land for Sale in Lemitar, New Mexico

Olive Ln Lemitar, NM 87823

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$435,000
57.45 acres
Active sale agoEst $3,152/mo

This expansive farm land encompasses 57.45 acres from a total of 11 different parcels and is ideally situated within Lemitar, NM. The property boasts 6 acres of pre-1907 water rights, making it well-suited for agricultural pursuits. Formerly a chili farm, the land holds boundless potential. This property provides a wealth of opportunities for any person looking for an agricultural endeavor. Accessible via a dirt road, the accessibility only adds to its appeal, ensuring convenience for operations.The water rights can be used effectively for optimizing agricultural activities. Real Estate Contract will be considered with approved terms. Seller pays conservatory water fees which can be transferred to the buyer to further help with your watering needs.

Directions

Turn left onto Cll De Lemitar/ Lemitar Frontage Rd, then turn left on Olive Ln. Go North on Olive to the dirt road that starts on the left just past Rynni Rd. See additional property info sheet w/map.

Property details

Coordinates
34.1667, -106.9114
Community
MRGCD Map 153
Elevation
4,636 feet
MLS Number
SWMLS 1059897
Date Posted

Legal description

Property taxes

Recent
$412

This 57.45-acre property is located at Olive Ln in Lemitar, NM 87823 with latitude 34.1667 and longitude -106.9114. The property is currently available for sale for $435,000 with a price per acre of $7,572. Listing data is sourced from Southwest MLS # 1059897.

Verify sale details at the property source or contact RE/MAX Elevate at (505) 702-8789.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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