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    Elephant Butte, NM Commercial Real Estate for Sale

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    Working Cattle Ranch Near Spaceport
    $1,900,000
    984.00 Acres

    Working Cattle Ranch Near Spaceport

    736 Upham Rd, Elephant Butte, NM 87935

    984-acre working cattle ranch with leased BLM land.

    • Large acreage ranch: 984 deeded acres plus 4946 acres leased BLM land, totaling over 5930 usable acres.
    • Fully equipped working cattle operation: Includes state‑of‑the‑art gathering pens, pastures, branding pens, working corrals, 14 miles of fencing, hay barn, scale house, and large workshop.
    • Strategic location: Close proximity to Virgin Galactic/Spaceport America and Elephant Butte Lake, offering both rural ranching and development opportunities.
    • Infrastructure: Several storage buildings, a small apartment with kitchen, bedroom, and bath, and paved road frontage.
    • Water resources: Well and private water source, plus septic tank.
    Updated: Dec 26, 2025
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    Land Near Elephant Butte Lake
    $33,000
    0.64 Acres

    Land Near Elephant Butte Lake

    204 Superior Dr, Elephant Butte, NM 87935

    0.64 acre lot near Marina del Sur and golf course.

    • Large .64 acre lot provides ample space.
    • Located minutes from Marina del Sur.
    • Close proximity to Sierra Del Rio Golf Course.
    • Paved road access.
    • Room for home and lake toys.
    Updated: May 6, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Elephant Butte, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

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    Comfort Inn Near Spaceport America
    $5,200,000

    Comfort Inn Near Spaceport America

    Upper-midscale hotel with amenities near Spaceport America.

    2205 N Date St, Truth or Consequences, NM 87901
    View details
    Irrigated Land Near Hatch, NM
    Contact for pricing

    Irrigated Land Near Hatch, NM

    17 acres of irrigated land near Hatch, New Mexico.

    of NM187 Cor, Truth or Consequences, NM
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    RV Park and Store Opportunity
    $485,000
    2.50 Acres

    RV Park and Store Opportunity

    RV park and store near Caballo Lake with income potential.

    14422 Hwy 187, Caballo, NM 87931
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    Caballo Lakefront Recreational Land
    $219,000
    2.40 Acres

    Caballo Lakefront Recreational Land

    2.4 Acres, Stunning Views, Build Your Dream Home

    14525 Hwy 187 Hwy, Caballo, NM 87931
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    Elephant Butte, NM Commercial Real Estate Investment Opportunities Market Analysis

    Explore 2 commercial real estate for sale in Elephant Butte, NM on our real estate platform. These investment opportunities span a total of 42,890,918 square feet of properties for sale, with an estimated market value of $1,933,000.

    Sale prices for business properties in Elephant Butte, NM start at $33,000, averaging $966,500, and reaching up to $1,900,000 — 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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