Lemitar NM Land for Sale
$355,676
Olive Lane Lemitar, NM 87823
- Type:
- Land
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 57.45 Acres
- Baths:
- MLS#:
- 1059897
- Subdivision:
- MRGCD MAP 153
View additional info
Courtesy: RE/MAX ELEVATE
505-702-8789
505-850-2197
ADDITIONAL INFORMATION
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.
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service Inc., a wholly owned subsidiary of the Greater Albuquerque Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Southwest Multiple Listing Service, Inc.
Lemitar Real Estate
The median home value in Lemitar, NM is $114,300. This is lower than the county median home value of $153,900. The national median home value is $338,100. The average price of homes sold in Lemitar, NM is $114,300. Approximately 60.62% of Lemitar homes are owned, compared to 0% rented, while 39.38% are vacant. Lemitar real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lemitar real estate agent to arrange a tour today!
Lemitar, New Mexico has a population of 624. Lemitar is more family-centric than the surrounding county with 28.74% of the households containing married families with children. The county average for households married with children is 26.07%.
The median household income for the surrounding county is $38,242 compared to the national median of $69,021. The median age of people living in Lemitar is 47.2 years.
Lemitar Weather
The average high temperature in July is 92.7 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 10 inches per year, with 5.5 inches of snow per year.