Olive Lane
Lemitar, NM 87823
57.45 acres | #1059897
Description
Located in Lemitar, NM, this property spans 57.45 acres across 11 parcels, including 6 acres of pre-1907 water rights. The land was mostly used as a chili farm and for a buyer, it has potential for any farming enthusiast. The seller will transfer water rights to the buyer, ensuring partial irrigational support and with water banking and leasing options through the Middle Rio Grande Conservancy District, this property offers a sustainable water solution for a possible future agricultural operation. Real Estate Contract is possible with approved terms.
Property Details
- Utility FeaturesOther, SeeRemarks, SewerNotAvailable
- Lot DescriptionOther, SeeRemarks, Views, Acreage
- Utility SourceOther, SeeRemarks
- SubdivisionMRGCD MAP 153
- Property TypePurchase
- Original List Price$435,000
- CountySocorro
- MLS #1059897
- MLS #1059897
- Cost353676
- Acres57.45
- Taxes Annual$411
- Property SubtypeLand
Location
Legal
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Last Updated: . Source: SWMLS
Listing Courtesy
Listing Agent: Team Elevate (#elevate)
Listing Office: RE/MAX ELEVATE (#REEL01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.