Caballo, NM Commercial Real Estate for Sale

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Arrey, NM Truth Or Consequences, NM Elephant Butte, NM Salem, NM Hillsboro, NM Hatch, NM Rincon, NM
RV Park and Store with Mobile Home
Updated: Dec 12, 2025
RV Park and Store with Mobile Home

14422 Highway 187, Caballo, NM 87931

$470,000
2.50 AC lot
14 RV spots with full electric and water hookups plus septic connections
Four dry dock storage spaces
On‑site mobile home that can be lived in or rented out
Store with two walk‑in coolers, bathroom, refrigerated air, and central heating
Two carports and parking lot area
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Farmland with Water Rights
Updated: Jun 2
Farmland with Water Rights

Hwy 187, Caballo, NM 87931

$40,000
2.76 AC lot
2.67‑acre farmland parcel with 1.81 acres of valuable water rights
Water source: well
Conveniently located just off Highway 187 with easy access to I‑25
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Caballo, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Dollar General Investment Opportunity
Dollar General Investment Opportunity

971 S Broadway St, Truth Or Consequences, NM 87901

Contact for pricing
10,640 sqft 2.20 AC lot

Dollar General in Truth or Consequences, New Mexico for sale.

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Industrial and Mining Land Tract
Industrial and Mining Land Tract

805 & 825 Spring Canyon Rd. Hatch, NM, USA, Hatch, NM 87937

Contact for pricing
107.82 AC lot

107.82-acre tract with about 30 acres of level terrain, city water, and utilities including natural gas and a power line.

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Raw Land in Hatch, NM
Raw Land in Hatch, NM

1115 Cerrito Road, Hatch, NM 87937

$250,000
25.60 AC lot

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

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Commercial Specialty Property with Front Parking
Commercial Specialty Property with Front Parking

2105 S Broadway St, Truth Or Consequences, NM 87901

$179,000

Updated commercial specialty space includes plenty of front parking and is ready for tenant or buyer design finishes.

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Off-Market Properties in Caballo, NM

Consider similar Off-Market properties in Caballo, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

14525 Hwy 187 Hwy
Specialty properties

14525 Hwy 187 Hwy, Caballo, NM 87931

Value Estimation by Request
2.40 AC lot
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14148 Nm-187
Self storage facilities

14148 Nm-187, Caballo, NM 87931

Value Estimation by Request
367,646 sqft 8.44 AC lot
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Caballo, NM 87931
COMMERCIAL (GENERAL)

Caballo, NM 87931

$435,000
Estimated value
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Caballo, NM 87931
COMMERCIAL (GENERAL)

Caballo, NM 87931

$285,000
Estimated value
View details

Caballo, NM Commercial Real Estate Market Trends and Statistics

Explore 6 commercial real estate for sale in Caballo, NM on our real estate platform.

Sale prices for business properties in Caballo, NM start at $40,000, averaging $255,000, and reaching up to $470,000 — 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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Demographics Overview

Population 512
Population Growth (5Y) -33.3%
College Educated 41.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
87931 $255K

Listings Trend

New vs delisted commercial listings in Sierra County

New Delisted

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