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    Lemitar, NM
    Agricultural

    Lemitar, NM Agricultural Land / Farmland for Sale

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    Socorro, NM Polvadera, NM San Acacia, NM La Joya, NM San Antonio, NM Magdalena, NM Bosque, NM Veguita, NM
    Agricultural Land with Water Banking
    Updated: Jun 17
    Agricultural Land with Water Banking

    Many Trcts Olive Lane, Lemitar, NM 87823

    $265,000
    57.45 AC lot
    57.45 acres across 11 combined parcels
    Former green chile farm in the Lemitar Valley
    Annual water banking through the Middle Rio Grande Conservancy District
    Potential applications include diversified crops, organics, orchards, vineyards, or a private ranch retreat
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    Irrigated Agricultural Land
    Updated: Apr 4, 2025
    Irrigated Agricultural Land

    Lemitar Farm, Lemitar, NM 87823

    $299,000
    38.84 AC lot
    38.84‑acre farm property in Lemitar
    MRGCD irrigation water rights included
    Approximately 31 shares of conservancy water rights
    Cleared of brush and trees; ready for leveling and planting
    Homesite area with power on paved County Road 91
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lemitar, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Octagonal Farm Residence
    Octagonal Farm Residence

    26 Schmittle Rd, Socorro, NM 87801

    $1,895,000
    8,757 sqft

    Distinctive residential improvements include a private courtyard, two kiva fireplaces, and five bedrooms with five bathrooms.

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    Fully Fenced Farmland with Adobe Home
    Fully Fenced Farmland with Adobe Home

    2 Community Road, Polvadera, NM 87828

    $99,000
    5.51 AC lot

    Fully fenced farmland with an unfinished adobe home, private well irrigation access, and septic system on acreage.

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    Irrigated Agricultural Land with Improvements
    Irrigated Agricultural Land with Improvements

    10 County Rd 91, Socorro, NM 87801

    $695,000

    Irrigated agricultural property with a shop, hay barn, and access to I-25.

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    Contiguous Agricultural Land
    Contiguous Agricultural Land

    15 Correo St, Polvadera, NM 87828

    $510,000

    Farm and rotational grazing uses are identified, with no site improvements.

    View details

    Lemitar, NM Agricultural Land / Farmland Market Trends and Statistics

    Explore 2 agricultural land / farmland for sale in Lemitar, NM on our real estate platform. These investment opportunities span a total of 4,194,392 square feet of properties for sale, with an estimated market value of $564,000.

    Sale prices for farmlands in Lemitar, NM start at $265,000, averaging $282,000, and reaching up to $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 558
    Population Growth (5Y) -51.4%
    Median Household Income $90,707
    College Educated 39.2%

    High-Yield Neighborhoods for Investment

    Identify Lemitar submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87823 $207.2K

    Listings Trend

    New vs delisted commercial listings in Socorro County

    New Delisted

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