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Property profile & analytics
OFF-MARKET
Land

26 Schmittle Rd Socorro, NM 87801

20.46 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 20.46-acre farm in Socorro County, New Mexico, presents a unique opportunity. The property boasts a beautiful 7,800 square-foot adobe home featuring five bedrooms and five bathrooms. The home's architectural details include two kiva fireplaces, a wood stove, and a large entertainment area complete with a cowboy bar. The interior showcases a blend of old and new styling with vigas, wood posts, and beams, complemented by a 14,000 square-foot copper-colored metal roof. A wrap-around porch offers picturesque views of the surrounding green fields and horse corral. The property includes significant water rights: 25.81 acre-feet from the 1927 MRGCD ditch and an additional 36.876 acre-feet from a separate irrigation well, registered with the State Engineer's office. A separate domestic well provides water for livestock and horses, while community water services the household. The land is zoned RR-1 and features fenced horse facilities and other outbuildings. This property holds historical significance as the filming location for "Movie Land of Dreams" starring Matt Dillon. Located at 26 Schmittle Rd, Socorro, NM 87801, this property offers a rare combination of historical charm, modern amenities, and substantial water resources.

Property profile
Verified
Property type Land
Lot 20.46 ac (891,238 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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