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Fenced Flex Shop with Office
For Lease
$2,500/Mo

779 NM 181, Elephant Butte, NM 87935

COMMERCIAL - Elephant Butte, NM

Space Size5,906 SF
Lot Size1.00 Acre
Days on Market425

Property Features for 779 NM 181

General Information

Property type Commercial Lease
Property subtype Other
Zoning description C-2
Parking 20
Fencing Fenced
Directions Take I-25 S to exit 83 to NM 181. Turn left onto NM 181. Continue on NM 181 for 3.8 miles, 779 NM 181 will be on your left.From I-25 N, take exit 79 towards T or C. Turn right onto N Date St. At the roundabout, take the 2nd exit onto NM 181. In 1.5 miles, 779 NM 181 will be on your right.
Subdivision 610 - Sierra
Standard status Active
APN 3021075254404
Lot size 1.00 Acre

Taxes and HOA fees

Tax Annual Amount 1677

Utilities

Sewer type Septic Tank
Heating system Propane (Heating)
Water source Well

Amenities

full kitchen
ADA bathroom
washer dryer hook up
canister lighting
fenced

Building Details

Floors in Building 1
Building materials MetalFrame
Listing Agency: EXP Realty LLC
Listed By: Selling The Sandias
Added: Jun 14, 2025 Changed: Aug 4 Last Checked: Aug 12 at 1:06AM
MLS# 1095467

Copyright © 2026 Southwest 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.

A fenced flex property consisting of approximately 5,906 total square feet across four buildings. The office area includes porcelain tile flooring throughout, a full kitchen, ADA bathroom, two private offices, and a conference room. The space also features washer/dryer hook-ups and canister lighting, with plumbing already run to allow an ADA shower to be added.

The shop area offers 8-foot clear height on both sides and 9'9" clear height in the center, suited to automotive, woodworking hobbies, or construction trades. The property sits on a full acre and includes a well 167 feet deep and septic installed to code in 2017 but not permitted.

Two sheds provide additional storage: one is 1,225 square feet with 11-foot central height and wired for electric, and the second is 500 square feet divided into two sections. Power is provided by Sierra Electric for approximately $200 per month, and there is a 500-gallon propane tank.

Key Highlights

  • ±5,906 SF across 4 buildings, including an office with porcelain tile, full kitchen, and ADA bathroom plumbing (shower can be added)
  • Fenced full acre with well water (167 ft deep) and septic tank; septic installed to code in 2017 (not permitted)
  • Shop space with 8 ft clear height on both sides and 9'9'' clear height in the center, with fencing for an at‑ready work setting

Property Analytics

Current Use

Flex space

Lease Details

Yes
Fenced yard
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$0.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Demographics for 87935, NM

1,817
Population
1,938
Households
0.9
Avg Household Size
64
Median Age
16%
College-Educated
96%
High-School Grad
38.4 sq mi
ZIP Area
47
Density / Sq Mi
$44,891
Median Household Income
$27,475
Median Earnings
$1,152
Median Rent
$180,800
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Flex space - Flex property with fenced yard, office build-out, and 8-foot side clear height plus 9'9" center height shop.
Where is this flex space located?
The property is located at 779 NM 181 Elephant Butte, NM.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: ±5,906 SF across 4 buildings, including an office with porcelain tile, full kitchen, and ADA bathroom plumbing (shower can be added); Fenced full acre with well water (167 ft deep) and septic tank; septic installed to code in 2017 (not permitted); Shop space with 8 ft clear height on both sides and 9'9'' clear height in the center, with fencing for an at‑ready work setting
More about this property
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