588 HIGHWAY 408, Lemitar, NM 87823
$1,250,000
Property Type:
Farm & Ranch
Lot Size (sq. ft.):
5,357,880
Status:
Closed
Current Price:
$1,250,000
List Date:
2/16/2022
Last Modified:
8/02/2023
Description
Assembled 120-123 acres with 120 MRGCD irrigated via ditches. About 2000 SF home & hay barn ''As Is'' comes with property. Permit for supplemental well @133 AC/FT. Laser leveled. Mostly concrete ditches about 3700 feet. Currently leased through 10/2023. 2019-20 crops were alfalfa, chili and corn. DO NOT enter property . Must have appointment with tenant. Seller open to partial exchanges and some seller financing carry back Note: another 50 AC Pending sale from orig. 170 AC offered.
More Information MLS# 1009048
Status Change Info
Pending Date: 2023-02-28
Closing Date: 2023-04-12
Contract Information
Listing Price: 1250000
Current Price: $1,250,000
Status: Closed
Location
Street #: 588
Street Name: HIGHWAY 408
County: Socorro
City/Town Code: Lemitar
State/Province: NM
Zip Code: 87823
Directions: Take Lemitar Exit from I-25. Go west through town then over rail road tracks to NM 408.
Go north to Midway Rd. see on your left. Property is on your RIGHT - East side of NM 408. See satellite photo in ''Documents'' for lay out.
Do not drive on to property. On site viewing by appointment only. Tenant leased at this time.
Geo Lat: 34.174398
Geo Lon: -106.898893
Area: 621 - South Socorro
Zone Atlas: NOZA
General Property Description
Property Sub-Type: Farm
House on Property: Yes
Included: Yes
Acres: 123
Lot SqFt: 5357880
Lot Size Source: On-Line
Apx Deeded Acres: 123
Subdivided: Yes
Livestock Included: No
Private Hunting: No
State Hunting: No
Lease Payment $: 28500
Title: Fee Simple
Flood Zone: X
Tax & Legal Info
UPC Code: NOT AVAILABLE
Short Legal Desc: Tract w/in Sec. 36, T1S, R1W & Sec.1, T2S, R1W
GRT Code: 25-025
Current Taxes: 1498.16
Tax Exemption: Unknown
Sales Info
Trade/Xch Considered: Yes
Property Features
Trade/Xch Terms: Trade for Home (L); Trade for Other RE
Possession: Tenant Rights
Type Lease: Other - See Remarks
Crop Terms: Crops Not Included
Road Frontage Type: Other
Road Surface Type: Paved
Utilities: Electricity Available; Phone Available; Water Available
Wastewater: Septic Tank
Water Source: Community Water
Improvements: Head Qrtrs/Residence; No Equipment; Other Outbuildings
Docs/Data Available: Aerial Map; Plat Map
Timber/Mineral Right: Mineral Rts Unknown; Timber Rights Unknwn
Irrigation Source: Canal System; Ditch
Topography: Laser Leveled
Finance Considered: Conventional; Owner Financing; Other - See Remarks
Zoning: RA-1
Lead Based Paint ›Listing Office: Coldwell Banker Legacy
Last Updated: August - 02 - 2023
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