Many Trcts Olive Lane, Lemitar, NM 87823

Listing agent Jonathan P Tenorio License #50026 Show Phone

Listing office Keller Williams Realty k***@kw.com 6240 Riverside Plaza NW #100, Albuquerque, NM Show Phone

Listing date Jun 17, 2026

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MLS# 1105727 Listing URL

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Overview

This offering consists of 57.45 acres of agricultural land in a working parcel configuration of 11 combined tracts. The property is described as having been used as a green chile farm and is positioned for agricultural or related ranch-oriented use, depending on how you plan to develop the land.

The site is located in Lemitar, New Mexico, with the tract described in the Lemitar Valley area. Public remarks indicate support for cultivation through annual Middle Rio Grande Conservancy District water banking, which has been used to support irrigation.

For buyers looking for farmland flexibility, this property’s multi-parcel layout and irrigation support make it a practical foundation for planning new plantings, orchards, vineyards, specialty crops, or a private ranch retreat. Prospective buyers should review how the existing water banking and any irrigation planning aligns with their intended farming or land-use program before finalizing terms.

Map

City

Lemitar

County

Socorro

State

New Mexico

Longitude

-106.90906

Latitude

34.167497

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FAQs

What type of property is this?

Agricultural land / Farmland - 57.45 acres across 11 parcels with established irrigation support through annual Middle Rio Grande Conservancy District water banking.

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‑acre property in Lemitar, New Mexico (11 combined parcels); Served as a green chile farm; Annual Middle Rio Grande Conservancy District water banking has supported irrigation