Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    742 Pembroke Farm Polvadera, NM 87828

    For Sale
    $990,000

    LAND - Polvadera, NM

    Lot size:
    57.37 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 14 at 3:06 pm

    Property Features for 742 Pembroke Farm

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    003003002604 R006403
    Fencing
    Fenced
    Lot size
    57.37 Acres

    Utilities

    Water source
    Well, Private

    Keller Williams Realty (505) 897-1100 [email protected]

    Listing agent Lynn Johnson (505) 897-1100 License #14677

    Listing date Nov 17, 2025

    MLS# 1094443 Listing URL

    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.

    Overview

    57-Acre Irrigated Pasture Land

    This property features 57.3662 acres of irrigated pasture land with MRGCD water rights, situated in Lemitar, New Mexico. Located 10 miles northeast of Socorro and 59 miles from Albuquerque International Airport, the land is part of the Pembroke Farm. The property is positioned in the Rio Grande Valley, near the Rio Grande River and south of the Sevilleta National Wildlife Refuge. Previously utilized for breeding Swedish Warm Blood horses, this is the first time this land has been offered separately from the larger farm.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Polvadera
    County
    Socorro
    State
    New Mexico
    Longitude
    -106.89435
    Latitude
    34.191527

    Nearby Similar for Sale

    • $229,000
      Pending

      Polvadera Farm with Water Access

      9-acre farm with water rights and metal shop.
      820 Nm- 408, Polvadera, NM 87828
      View Details

    FAQs

    What type of property is this?
    Farm - 57 acres of irrigated pasture with water rights in Polvadera.
    Where is this farm located?
    The property is located at 742 Pembroke Farm Polvadera, NM.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: - 57.3662 Acres of Irrigated Pasture with MRGCD Water Rights; - Located in the Fertile Rio Grande Valley near the Rio Grande River; - Part of Pembroke Farm, Previously Used for Breeding Horses
    (505) 897-1100
    Request Owner's contact information
    742 Pembroke Farm Polvadera, NM 87828
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    742 Pembroke Farm
    Polvadera, NM 87828
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    742 Pembroke Farm Polvadera, NM 87828
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.