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    Lemitar, NM
    Agricultural

    Lemitar, NM Agricultural Land / Farmland for Sale

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    Polvadera, NM Socorro, 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‑acre property in Lemitar, New Mexico (11 combined parcels)
    Served as a green chile farm
    Annual Middle Rio Grande Conservancy District water banking has supported irrigation
    Versatile land suited for diversified crops, specialty organics, orchards, vineyards, or a private ranch retreat
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    Agricultural Farmland with Irrigation Water Rights
    Updated: Apr 4, 2025
    Agricultural Farmland with Irrigation Water Rights

    Lemitar Farm, Lemitar, NM 87823

    $299,000
    38.84 AC lot
    38.84‑acre farm cleared of brush and trees, ready to be leveled for planting
    Includes MRGCD irrigation water rights plus 31 +/- shares of conservancy water rights
    Homesite area with power located on paved county road 91
    Just north of the Escondida exit and close to Escondida Lake
    Water listed as private and well; served by a septic tank
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    Farmland with Ditch Irrigation
    Farmland with Ditch Irrigation

    MIDWAY RD./DITCH, Lemitar, NM 87823

    $49,500
    3.59 AC lot

    Farmland lot with MRGCD ditch irrigation and well water supply for garden and agricultural use.

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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 7 Potential Opportunities for your consideration. Besides 3 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.

    Agricultural Land
    Agricultural Land

    Bravo Farms Rd, La Joya, NM 87028

    $121,200
    10.10 AC lot

    Agricultural farmland parcel offering room for homestead or farm use.

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    320 Acres in Polvadera, NM
    320 Acres in Polvadera, NM

    I-25 Frontage Rd, Polvadera, NM 87828

    $274,990
    320.00 AC lot

    Spacious 320-acre property with potential in Polvadera, New Mexico.

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    Farmland with Acequia Frontage
    Farmland with Acequia Frontage

    Bravo Farms, La Joya, NM 87028

    $110,000
    10.02 AC lot

    10.02 acres of farmland with acequia frontage and an optional irrigation membership for supplemental water access.

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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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    Lemitar, NM Agricultural Land / Farmland Market Trends and Statistics

    Explore 3 agricultural land / farmland for sale in Lemitar, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,350,773 square feet of properties for sale, with an estimated market value of $613,500.

    Sale prices for farmlands in Lemitar, NM start at $49,500, averaging $204,500, 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 $204.5K

    Listings Trend

    New vs delisted commercial listings in Socorro County

    New Delisted

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