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.
Lemitar is located in New Mexico. 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.
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.