Agricultural Land with
Many Trcts Olive Lane, Lemitar, NM 87823
For Sale
$265,000
Land, Lemitar, NM
Property SizeContact for details
Lot Size57.45 Acres
Days on Market147
Property Features for Many Trcts Olive Lane
General Information
Property type
Property subtype
Zoning
Subdivision
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Listing Agency:
Keller Williams Realty
(505) 897-1100
Listed By:
Jonathan P Tenorio · License NM #50026
(505) 410-8568
Added: Jun 17
Changed: Oct 30
Last Checked: Nov 10 at 5:06PM
MLS# 1105727
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 57.45-acre agricultural property in Lemitar consists of 11 combined parcels and is zoned RA-1. The land was formerly used as a green chile farm, establishing an agricultural history for the site.
Annual water banking through the Middle Rio Grande Conservancy District has supported irrigation on the property. Located in the Lemitar Valley in Socorro County, the acreage is suited to continued agricultural use consistent with its zoning and past cultivation.
Annual water banking through the Middle Rio Grande Conservancy District has supported irrigation on the property. Located in the Lemitar Valley in Socorro County, the acreage is suited to continued agricultural use consistent with its zoning and past cultivation.
Key Highlights
- 57.45 acres across 11 combined parcels
- RA‑1 zoning
- Former green chile farm
Property Analytics
Lease Details
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Eleven parcels in the Lemitar Valley carry RA-1 zoning and a history of irrigated cultivation.
Where is this agricultural land / farmland located?
The property is located at Many Trcts Olive Lane Lemitar, NM.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 57.45 acres across 11 combined parcels; RA‑1 zoning; Former green chile farm
