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Olive Lane Lemitar, NM 87823
- Vacant Land / Resale (MLS)
Property Details for Olive Lane, Lemitar, NM 87823
Features
- Price/sqft: $7,631
- Lot Size: 57.45 acres
Facts
- Property ID: 958723137
- MLS Number: 1059897
- Property Type: Vacant Land
- County: SOCORRO
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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.
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Property Brokerage:
RE/MAX ELEVATE
4001 Southern Blvd SE, Ste B
Rio Rancho
NM
87124
Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.