Highway Frontage Land in Eagle
For Sale
$540,000
638 Therma E, Eagle Nest, NM 87558
LAND - Eagle Nest, NM
Property SizeContact for details
Lot Size7.00 Acres
Days on Market123
Property Features for 638 Therma E
General Information
Property type
Land
Property subtype
Other
Zoning description
General Commerc
Lot features
Five To Ten Acres, Flat
Directions
East end of Eagle Nest at the corner of Therma and Teddy Bear next to the visitors center.
Subdivision
EAGLE NEST (18A)
Standard status
Active
Lot size
7.00 Acres
Taxes and HOA fees
Tax Description
See survey attached
Legal Description
See survey attached
Utilities
Utilities
Propane
Listing Agency:
Swan Realty
(575) 613-4243
Listed By:
Robert Swan
(575) 770-2958
Added: Apr 7
Changed: Apr 23
Last Checked: Aug 7 at 8:06AM
MLS# 114844
Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at the corner of Therma and Teddy Bear in Eagle Nest, New Mexico, this property consists of four parcels with direct Highway 64 frontage. The location offers high visibility within the Enchanted Circle. Three of the parcels are approximately half an acre each, suitable for smaller commercial builds, retail spaces, or service businesses. The fourth parcel measures just over 5.5 acres, providing ample space for larger projects. The general commercial zoning allows for residential construction, offering the option to build a home while developing the other lots. Eagle Nest Lake is located approximately one minute away, while Red River and Angel Fire are each roughly a 20-minute drive, positioning the property centrally within the Enchanted Circle. The total lot size is 7 acres.
Key Highlights
- Direct Highway 64 frontage offers high visibility** in the Enchanted Circle.
- Four parcels totaling over 7 acres provide flexibility for commercial or residential development.
- General commercial zoning allows for diverse uses, including residential construction.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 87558, NM
724
Population
1,469
Households
0.5
Avg Household Size
52
Median Age
53%
College-Educated
100%
High-School Grad
105.9 sq mi
ZIP Area
7
Density / Sq Mi
$46,794
Median Household Income
$21,812
Median Earnings
$935
Median Rent
$429,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Visible land with highway frontage near Eagle Nest Lake.
Where is this commercial land located?
The property is located at 638 Therma E Eagle Nest, NM.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Direct Highway 64 frontage offers high visibility** in the Enchanted Circle.; Four parcels totaling over 7 acres provide flexibility for commercial or residential development.; General commercial zoning allows for diverse uses, including residential construction.
