Commercial Land with Highway
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 Market150
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: Aug 30
Last Checked: Sep 3 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.
This 7-acre commercial land assemblage comprises four parcels at the corner of Therma and Teddy Bear, with direct frontage on Highway 64. Three parcels measure approximately half an acre each, while the fourth contains just over 5.5 acres. The configuration supports development at different scales, from smaller commercial buildings to a larger project. General commercial zoning also allows residential construction, according to the property information.
The southwest parcel has water and sewer service extending to the lot. The property includes prepaid sewer and water taps, 2.6 acre-feet of commercial water rights, and propane service. Eagle Nest Lake is approximately one minute away, while Red River and Angel Fire are each roughly a 20-minute drive.
The southwest parcel has water and sewer service extending to the lot. The property includes prepaid sewer and water taps, 2.6 acre-feet of commercial water rights, and propane service. Eagle Nest Lake is approximately one minute away, while Red River and Angel Fire are each roughly a 20-minute drive.
Key Highlights
- 7 acres divided among four commercial parcels
- Direct Highway 64 frontage at Therma and Teddy Bear
- Three parcels are approximately half an acre each; fourth parcel is just over 5.5 acres
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 - Multi-parcel commercial land assemblage with water rights, utility taps, and general commercial zoning.
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: 7 acres divided among four commercial parcels; Direct Highway 64 frontage at Therma and Teddy Bear; Three parcels are approximately half an acre each; fourth parcel is just over 5.5 acres
