Olive Lane, Lemitar, NM 87823
$435,000
Property Type:
Land
Lot Size (sq. ft.):
2,502,522
Status:
Active
Current Price:
$435,000
List Date:
4/03/2024
Last Modified:
4/03/2024
Description
This expansive farm land encompasses 57.45 acres from a total of 11 different parcels and is ideally situated within Lemitar, NM. The property boasts 6 acres of pre-1907 water rights, making it well-suited for agricultural pursuits. Formerly a chili farm, the land holds boundless potential. This property provides a wealth of opportunities for any person looking for an agricultural endeavor. Accessible via a dirt road, the accessibility only adds to its appeal, ensuring convenience for operations.The water rights can be used effectively for optimizing agricultural activities. Real Estate Contract will be considered with approved terms.
More Information MLS# 1059897
Contract Information
Listing Price: 435000
Current Price: $435,000
List Price/Acre: 7571.8
List Price/Lot SqFt: 0.17
Status: Active
Bank Owned: No
Location
Street Name: Olive
St Suffix: Lane
County: Socorro
City/Town Code: Lemitar
State/Province: NM
Zip Code: 87823
Geo Lat: 34.166718
Geo Lon: -106.911377
Area: 620 - North Socorro
Zone Atlas: NOZA
General Property Description
# of Lots: 11
Acres: 57.45
Lot SqFt: 2502522
Lot Size Source: Broker
Apx Lot Dim Front: N/A
Apx Lot Dim Side: N/A
Flood Zone: A
Package Deal: Yes
Tax & Legal Info
UPC Code: N/A
PID: No
SAD: No
Current Taxes: 411.88
GRT Code: 25-025
Tax Exemption: Unknown
Legal Description Details
Short Legal Desc: Sub: MRGCD MAP 153, 57.45 acresTracts 20B (6.00 ac WR), 22, 23, 24, 25A, 25B, 26, 36B, 37, 38, and 40
Tract: N/A
Unit: N/A
Block: N/A
Lot: N/A
Subdivision: MRGCD MAP 153
Section: N/A
Township: N/A
Range: N/A
Remarks & Misc
Directions: Turn left onto Cll De Lemitar/ Lemitar Frontage Rd, then turn left on Olive Ln. Go North on Olive to the dirt road that starts on the left just past Rynni Rd. See additional property info sheet w/map.
Utility Impact Fee
Utility Impact Fee: Unknown
Sales Info
Seller Assist Ofrd: No
Trade/Xch Considered: No
Association Details
Association: No
Property Features
Distance to Water: None
Dist to Electrical: None
Distance to Sewer: None
Distance to Phone: None
Distance to Gas: None
Distance to Cable: None
Possession: Day of Funding
Type: Acreage; Agricultural; Other - See Remarks
Acc. To Prop Line: Dirt Road; Ditch Bank; Easements
Topography: Other - See Remarks
Features: Views; Other - See Remarks
Utilities: Other - See Remarks
Restrictive Covenant: Other
Docs/Data Available: Abstract; Deed; Survey
Wastewater: None
Water Source: Other - See Remarks
Finance Considered: Cash; Conventional; Owner Financing
Zoning: RA-1
Flood Zone Insurance Disclosure ›Listing Office: RE/MAX ELEVATE
Last Updated: April - 03 - 2024
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