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Commercial Land with On-Site Billboard
For Sale
$1,100,000

34 Lemitar Frontage Road, Lemitar, NM 87823

LAND - Lemitar, NM

Property SizeContact for details
Lot Size19.48 Acres
Days on Market105

Property Features for 34 Lemitar Frontage Road

General Information

Property type Land
Property subtype Other
Zoning description C-1
Subdivision Lemitar
Lot features Acreage
Directions South on I 25, Lemitar Exit, property is on the East side corner of the Frontage road and the Freeway
Standard status Active
APN 006010001105
Lot size 19.48 Acres

Taxes and HOA fees

Tax Description S: 11 T: 2S R: 1W A TRACT OF LAND E1/2NW1/4
Tax Annual Amount 5821
Legal Description S: 11 T: 2S R: 1W A TRACT OF LAND E1/2NW1/4

Building Details

Additional Structures Outbuilding
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Kathleen P Griego · License #14901
Added: Apr 27 Changed: Aug 1 Last Checked: Aug 9 at 4:06AM
MLS# 1102681

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Commercial land in Lemitar, NM positioned directly off the I-25 corridor, offering development access from the frontage road. The site has 19.48 acres of land with broad I-25 frontage for visibility to travelers and freight traffic.

The sale includes a prominent billboard, providing an immediate branding or income component while you plan a future development. Electric is already on-site, which can help reduce early development work and support a faster project timeline.

The property’s size, I-25 frontage, and frontage road access support a range of development concepts, including truck stops, retail hubs, and industrial storage.

Key Highlights

  • 19.48‑acre commercial land parcel
  • Directly off the I‑25 corridor with broad I‑25 frontage
  • Prominent billboard included

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

Demographics for 87823, NM

589
Population
372
Households
1.6
Avg Household Size
47
Median Age
26%
College-Educated
83%
High-School Grad
47.7 sq mi
ZIP Area
12
Density / Sq Mi
$90,707
Median Household Income
$44,500
Median Earnings
$135,500
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land off the I-25 corridor with a prominent billboard and electric already on site.
Where is this commercial land located?
The property is located at 34 Lemitar Frontage Road Lemitar, NM.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 19.48‑acre commercial land parcel; Directly off the I‑25 corridor with broad I‑25 frontage; Prominent billboard included
More about this property
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