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    Garfield, NM Commercial Land for Sale

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    Hatch, NM Caballo, NM Derry, NM
    Multi-Use Property in Garfield, NM
    $140,000
    1.20 Acres
    Multi-Use Property in Garfield, NM

    8835 Highway 187, Garfield, NM 87936

    Versatile property suitable for residential, multi-family, and commercial use.
    • Zoned for residential, multi‑family, and commercial use
    • Large 2,060 sq ft shop with metal roof, roll‑up doors, and 40' x 20' carport
    • Connections for up to 3 mobile homes with utility hookups
    • Convenient location across from a school and minutes from interstate, shopping, and business center
    • Includes a former convenience store with indoor and outdoor half‑baths
    Updated: May 23, 2025
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Garfield, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Lot Development Opportunity
    $269,000
    4,000 SF
    Corner Lot Development Opportunity

    1.5-acre corner lot with flexible zoning and development potential.

    865 Tres Amigos Road, Las Cruces, NM 88007

    View details
    Raw Land in Hatch, NM
    $250,000
    25.60 Acres
    Raw Land in Hatch, NM

    25 acre raw land with I-25 frontage in Hatch, NM.

    1115 Cerrito Road, Hatch, NM 87937

    View details
    Hatch I-25 Exit Land
    $1,450,000
    26.00 Acres
    Hatch I-25 Exit Land

    26 acres with I-25 frontage in Hatch, NM.

    20 Chile Capital Ln, Hatch, NM 87937

    View details
    36 Acres Land For Sale
    $1,254,000
    36.00 Acres
    36 Acres Land For Sale

    36 acres of land with frontage on Fort Selden.

    1201 Fort Selden Rd, Las Cruces, NM 88007

    View details

    Garfield, NM Commercial Land Investment Opportunities Market Analysis

    Explore 1 commercial land for sale in Garfield, NM on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $140,000.

    Sale prices for commercial lots in Garfield, NM start at $140,000, averaging $140,000, and reaching up to $140,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 1

    Demographics Overview

    Population 249
    Population Growth (5Y) -2.4%
    Median Household Income $21,393

    High-Yield Neighborhoods for Investment

    Identify Garfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87936 $140K

    Taxes & Financing

    Tax Rate (average for all types) 3.04%
    Property Tax per SF $96.90 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dona Ana County

    New Delisted

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