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

    Off Olive Ln Lemitar, NM 87823

    Pending
    For Sale
    $47,000

    Land - Lemitar, NM

    Lot size:
    2.39 Acres
    Days on Market:
    187
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for Off Olive Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    A-1
    APN
    not available
    Lot size
    2.39 Acres

    Utilities

    Sewer type
    None
    Water source
    None

    Building Details

    Architectural style
    Other

    Orona Real Estate & Investment Inc. (505) 865-5600 [email protected]

    Listing agent Evelyn L Orona (505) 865-5600 License #13172

    Listing date Jun 11, 2025

    MLS# 1085718 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

    Land in Lemitar, New Mexico

    This 2.39-acre land parcel is located in Lemitar, New Mexico. The property is zoned A-1 and is classified as agricultural land and other agricultural land.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Lemitar
    County
    Socorro
    State
    New Mexico
    Longitude
    -106.905992
    Latitude
    34.175535

    FAQs

    What type of property is this?
    Land - 2.39 acre land parcel available in Lemitar, New Mexico.
    Where is this land located?
    The property is located at Off Olive Ln Lemitar, NM.
    What is the asking price?
    The asking price for this property is $47,000.
    What are key features of this property?
    This property features: - 2.39 acre land parcel; - Located in Lemitar, New Mexico; - GPS Coordinates: [-106.90599,34.175533]
    (505) 865-5600
    Request Owner's contact information
    Off Olive Ln Lemitar, NM 87823
    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.
    Off Olive Ln
    Lemitar, NM 87823
    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
    Off Olive Ln Lemitar, NM 87823
    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.