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Commercial Land with Billboard

34 Lemitar Frontage Road, Lemitar, NM 87823

For Sale
$950,000

Land, Lemitar, NM

Property SizeContact for details
Lot Size19.48 Acres
Days on Market198

Property Features for 34 Lemitar Frontage Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Subdivision Lemitar
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
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Kathleen P Griego · License NM #14901
Added: Apr 27 Changed: Oct 30 Last Checked: Nov 10 at 5:06PM
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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 19.48-acre commercial parcel in Lemitar includes an existing billboard and electric service on-site. C-1 zoning applies to the property.

The site fronts I-25 and is also accessible from Lemitar Frontage Road in Socorro County, New Mexico.

Key Highlights

  • 19.48 acres of commercial land
  • Frontage along I‑25 and access from Lemitar Frontage Road
  • Existing billboard is included

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

33
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - The parcel has C-1 zoning, on-site electric service, and access from a frontage road.
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 $950,000.
What are key features of this property?
This property features: 19.48 acres of commercial land; Frontage along I‑25 and access from Lemitar Frontage Road; Existing billboard is included
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Includes: Price & PSF · Cap rate · Location · Zoning

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