Lemitar, NM Commercial real estate for sale

Updated: Apr 27

Commercial Land with Billboard

34 Lemitar Frontage Road, Lemitar, NM 87823

$950,000

19.48 AC lot

19.48‑acre commercial land tract
Existing billboard included with the sale
Electric service already on‑site
Frontage road access
Broad frontage along the I‑25 corridor

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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

Lemitar Farm, Lemitar, NM 87823

$299,000

38.84 AC lot

Cleared farmland with water rights, a powered homesite area, and access from a paved county road.

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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 27 Potential Opportunities for your consideration. Besides 3 Active listings in Lemitar, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

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

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

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

15 Correo St, Polvadera, NM 87828

$510,000

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

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Off-Market Properties in Lemitar, NM

Consider similar Off-Market properties in Lemitar, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Farms

742 Pembroke Rd, Lemitar, NM 87823

Estimated value:

Estimated value:

$435,000

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COMMERCIAL (GENERAL)

Lemitar, NM 87823

Estimated value:

$370,000

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Lemitar, NM Commercial Real Estate Market Trends and Statistics

Explore 23 commercial real estate for sale in Lemitar, NM, showcased through 3 active listings on our real estate platform.

Sale prices for business properties in Lemitar, NM start at $265,000, averaging $504,666, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
87823	$430.4K

Neighborhood

Average Price

87823

$430.4K