34 Lemitar Frontage Road, Lemitar, NM 87823 (MLS# 1102681)

34 Lemitar Frontage Road, Lemitar, NM 87823

New Listing

$1,100,000

Property Type: Land Lot Size (sq. ft.): 848,549 Status: Active

Current Price: $1,100,000 List Date: 4/27/2026 Last Modified: 5/01/2026

Overview

Description

This exceptional Lemitar, NM commercial site offers prime development potential directly off the I-25 corridor, ideally positioned to capture traffic between Albuquerque and Socorro.Key features include:Strategic Visibility: Broad frontage along I-25 provides high-impact exposure to thousands of daily commuters and freight transporters. Passive Income Opportunity: The sale includes a prominent billboard, offering immediate revenue or a massive built-in platform for your own branding. Shovel-Ready Utilities: Electric is already on-site, significantly reducing your initial development costs and project timeline. Development Versatility: With ample acreage and frontage road access, this land is perfectly suited for truck stops, retail hubs, or industrial storage.

Listing Details MLS# 1102681

Contract Information

List Price/Acre: 56468.17
List Price/Lot SqFt: 1.3

Location

Street #: 34
Street Name: Lemitar Frontage
St Suffix: Road
County: Socorro
City/Town Code: Lemitar
State/Province: NM
Zip Code: 87823
MLS Area Major: 620 - North Socorro
Zone Atlas: NOZA

General Property Description

# of Lots: 2
Acres: 19.48
Lot SqFt: 848549
Lot Size Source: Survey
Apx Lot Dim Front: 999
Apx Lot Dim Side: 999
Flood Zone: X
Package Deal: No

Legal Description Details

Short Legal Desc: S: 11 T: 2S R: 1W A TRACT OF LAND E1/2NW1/4
Tract: n/a
Unit: n/a
Block: n/a
Lot: n/a
Subdivision Name: Lemitar
Section: n/a
Township: n/a
Range: n/a

Utilities Expnsn Chg

Utilities Expnsn Chg: No

Utility Impact Fee

Utility Impact Fee: Unknown

More Information

Sales Info

Seller Assist Ofrd: No
Trade/Xch Considered: No

Association Details

Association: No

Currently Not Used

Bank Owned: No

Tax & Legal Info

UPC Code: 006010001105
PID: No
SAD: No
Current Taxes: 5821
GRT Code: 25-025
Tax Exemption: No

Remarks & Misc

Directions: South on I 25, Lemitar Exit, property is on the West side corner of the Frontage road and the Freeway

Distance to Water

On Property: Yes

Dist to Electrical

At Line: Yes

Distance to Sewer

None: Yes

Distance to Phone

None: Yes

Distance to Gas

None: Yes

Utilities

Electricity Available: Yes
Electricity Connected: Yes

Distance to Cable

None: Yes

Possession

Day of Funding: Yes

Existing Survey

ILR Imprvmnt Locatn: Yes

Features

Other - See Remarks: Yes
Outbuilding: Yes

Property Access

W Property Line: Yes

HOA Covers Type

None: Yes

Wastewater

None: Yes

Water Source

Other: Yes

Fencing

Partial: Yes

Type

Acreage: Yes
Commercial: Yes

Acc. To Prop Line

Frontage Road: Yes
Paved Road: Yes

Docs/Data Available

Deed: Yes
Existing Leases: Yes
Survey: Yes

Topography

Mostly Level: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Restrictive Covenant

Same As Zoning: Yes

Zoning

C-1: Yes

Property Features

Distance to Water: On Property Dist to Electrical: At Line Distance to Sewer: None Distance to Phone: None Distance to Gas: None Distance to Cable: None Existing Survey: ILR Imprvmnt Locatn Possession: Day of Funding Type: Acreage; Commercial Topography: Mostly Level Property Access: W Property Line Features: Other - See Remarks; Outbuilding Fencing: Partial Utilities: Electricity Available; Electricity Connected Restrictive Covenant: Same As Zoning Wastewater: None Water Source: Other Finance Considered: Cash; Conventional HOA Covers Type: None Zoning: C-1

Listing Office: Coldwell Banker Legacy

Last Updated: May - 01 - 2026

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