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    779 181 Hwy Elephant Butte, NM 87935

    For Sale
    $435,000

    Mixed Use - Elephant Butte, NM

    Type:Mixed Use
    Property size:
    5,906 SF
    Lot size:
    1.00 Acre
    Days on Market:
    48
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 779 181 Hwy

    General Information

    Property type
    Residential
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    1
    APN
    3021075254404
    Parking
    4
    Parking features
    Garage
    Appliances
    Range, Refrigerator
    Size
    5,906 SF
    Lot size
    1.00 Acre

    Building Details

    Roof type
    Metal
    Architectural style
    Other

    eXp REALTY, LLC (505) 554-3873 [email protected]

    Listing agent Seth Rochefort (505) 554-3873

    Listing date Oct 21, 2025

    MLS# 20256090 Listing URL

    Copyright © 2025 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.

    Overview

    Mixed-Use Property in Elephant Butte

    This mixed-use property in Elephant Butte, New Mexico, features a total of approximately 5,906 square feet across four buildings, situated on a one-acre lot. The property is fenced and includes a well that is 167 feet deep, along with a septic system installed to code in 2017. The office space is equipped with porcelain tile flooring throughout, a full kitchen, an ADA-compliant bathroom with plumbing for a shower, two private offices, and a conference room. Additional amenities include washer and dryer hookups and canister lighting. The shop area offers varying clear heights, with 8 feet on both sides and 9 feet 9 inches in the center, making it suitable for automotive work, woodworking, hobbies, or construction trades. Two sheds provide additional storage space: one is 1,225 square feet with an 11-foot center height and electrical wiring, and the other is 500 square feet divided into two sections. Power is supplied by Sierra Electric, costing approximately $200 per month. A 500-gallon propane tank, when full, lasts approximately one year at a cost of $1,600.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Elephant Butte
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.2233
    Latitude
    33.1884

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile mixed-use property with office, shop, and storage buildings.
    Where is this mixed-use property located?
    The property is located at 779 181 Hwy Elephant Butte, NM.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: - Total +/-5,906 SF across 4 buildings, suitable for diverse uses.; - **Live/work setup: Office with full kitchen, ADA bathroom, and shop space.**; - Fenced full acre lot with well and septic system.
    (505) 554-3873
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    779 181 Hwy Elephant Butte, NM 87935
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