Search
Live-Work Property with Adobe Rooms
For Sale
$239,000

665 518, Cleveland, NM 87715

Commercial Sale, Cleveland, NM

Property Size1,887 SF
Lot Size1.77 Acres
Price / SF$126.66
Days on Market127

Property Features for 665 518

General Information

Property type Commercial Sale
Property subtype Other
Subdivision New Mexico Mls
Standard status Active
APN 1 087 120 148 066
Size 1,887 SF
Lot size 1.77 Acres

Taxes and HOA fees

Tax Description See Attached Survey
Tax Annual Amount 844
Legal Description See Attached Survey

Amenities

water rights

Building Details

Year built 1930
Roof type Metal
Listing Agency: Home & Land Professionals
Listed By: Elizabeth A Demare · License #14543
Added: May 11 Changed: Sep 2 Last Checked: Sep 14 at 11:06AM
MLS# 20262758

Copyright © 2026 New Mexico MLS. 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 1,887-square-foot live-work property combines a manufactured-home structure, an attached addition, and a separate two-room adobe component connected by a breezeway. The improvements include a former commercial kitchen area, bedroom, storeroom, bath, main front room, and bright front addition. The adobe rooms feature high ceilings, exposed vigas, and exposed beams, providing distinctive interior character for office, studio, storage, or residential-style use.

The property fronts paved NM Highway 518 and includes on-site parking. The Rio La Casa crosses one corner, with water rights banked through the Acequia de los Martinez. The address is 665 518, Cleveland, NM 87715, in Mora County.

Key Highlights

  • 1,887 SF of combined improvements on a live‑work property
  • Manufactured‑home structure, addition, and two‑room adobe component linked by a breezeway
  • Adobe rooms feature high ceilings, exposed vigas, and exposed beams

Property Analytics

Current Use

Live-work space

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

17
Businesses Nearby

Demographics for 87715, NM

636
Population
169
Households
3.8
Avg Household Size
53
Median Age
16%
College-Educated
84%
High-School Grad
44.1 sq mi
ZIP Area
14
Density / Sq Mi
$11,651
Median Household Income
$23,793
Median Earnings

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Live-work space - Flexible improvements combine work areas, storage, and residential-style spaces along a paved highway setting.
Where is this live-work space located?
The property is located at 665 518 Cleveland, NM.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 1,887 SF of combined improvements on a live‑work property; Manufactured‑home structure, addition, and two‑room adobe component linked by a breezeway; Adobe rooms feature high ceilings, exposed vigas, and exposed beams
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message