Garfield, NM
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    Garfield, NM Commercial Real Estate for Sale

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    Hatch, NM Caballo, NM Rincon, 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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    Mixed-Use Property in Garfield, NM
    $140,000
    1.20 Acres
    Mixed-Use Property in Garfield, NM

    8835 Highway 187, Garfield, NM 87936

    Multi-family and commercial property near school and interstate access.
    • Zoned for residential, multi‑family, and commercial use, offering versatile development options.
    • Connections for up to 3 mobile homes with utility hookups.
    • Large 2,060 sq ft shop (built in 1983) with metal roof, roll‑up doors, and a 40' x 20' shaded carport.
    • Convenient location across from a school and minutes from interstate access, shopping, and a business center.
    • Includes a former convenience store (built in 1940) with an existing 1/2 bath.
    Updated: May 23, 2025
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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Garfield, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 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.

    Hatch, NM Land Opportunity
    $485,190
    107.82 Acres
    Hatch, NM Land Opportunity

    107.82 acres in Hatch, NM with development potential.

    805, 825 Spring Canyon Road, Hatch, NM 87937

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    RV Park and Store
    $475,000
    2.50 Acres
    RV Park and Store

    RV park and store near Caballo Lake with income potential.

    14422 Highway 187, Caballo, NM 87931

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    Farmland with Water Rights
    $40,000
    2.76 Acres
    Farmland with Water Rights

    A rural parcel with valuable water rights, offering flexibility for farming, a small farm, or a residential build.

    Hwy 187, Caballo, NM 87931

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    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

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    Off-Market Properties in Garfield, NM

    Consider similar Off-Market properties in Garfield, 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.

    Arroyo Cuevo Rd
    INDUSTRIAL (GENERAL)
    8,107 SF Lot: 39.66 Acres
    Value Estimation by Request

    Arroyo Cuevo Rd, Garfield, NM 87936

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    125 Dandelion Ave
    WAREHOUSE, STORAGE
    6,675 SF Lot: 1.80 Acres
    Value Estimation by Request

    125 Dandelion Ave, Garfield, NM 87936-0090

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    of NM187 / NM546 Cor
    Farms
    Lot: 29.66 Acres
    Value Estimation by Request

    of NM187 / NM546 Cor, Garfield, NM 87933

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    8580 Hwy 187
    OFFICE BUILDING
    1,800 SF Lot: 1.00 Acre
    Value Estimation by Request

    8580 Hwy 187, Garfield, NM 87936-0136

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    8807 Hwy 187
    WAREHOUSE, STORAGE
    2,324 SF Lot: 1.11 Acres
    Value Estimation by Request

    8807 Hwy 187, Garfield, NM 87936-0138

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    8835 Hwy 187
    AUTO REPAIR, GARAGE
    2,364 SF Lot: 1.20 Acres

    8835 Hwy 187, Garfield, NM 87936-0138

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    8885 Hwy 187
    INDUSTRIAL (GENERAL)
    6,500 SF Lot: 0.42 Acres
    Value Estimation by Request

    8885 Hwy 187, Garfield, NM 87936-0138

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    6501 Hwy 26
    MANUFACTURING (LIGHT)
    28,589 SF Lot: 10.07 Acres
    Estimated value
    $1,585,000

    6501 Hwy 26, Garfield, NM 87936

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    565 2nd Counties Rd
    BARBER, HAIR SALON
    368 SF
    Value Estimation by Request

    565 2nd Counties Rd, Garfield, NM 87936-0224

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    Garfield, NM Commercial Real Estate Market Trends and Statistics

    Explore 11 commercial real estate 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 $280,000.

    Sale prices for business properties 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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    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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