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    8835 Highway 187 Garfield, NM 87936

    For Sale
    $140,000

    MULTI_FAMILY - Garfield, NM

    Lot size:
    1.20 Acres
    Days on Market:
    178
    Last Refresh:
    Dec 11 at 3:06 pm

    Property Features for 8835 Highway 187

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    3-023-104-022-352
    Parking features
    Carport
    Lot size
    1.20 Acres

    Utilities

    Sewer type
    Septic Tank
    Water source
    Public

    Building Details

    Year built
    1940
    Number of units
    3
    Building materials
    Block, Steel Frame, Frame
    Roof type
    Metal, Mixed

    Exit Realty Horizons (575) 532-5678 [email protected]

    Listing agent Connie E Campos (575) 993-2821

    Listing date Jun 17, 2025

    Copyright © 2025 Multiple Listing & Information Service, Inc. 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 Garfield, NM

    This mixed-use property in Garfield, New Mexico, offers opportunities for multi-family residential, and commercial use. The 1.2-acre lot has utility connections for up to three mobile homes. A 2,060-square-foot shop, constructed in 1983, features a metal roof, roll-up garage doors, and a shaded carport area measuring approximately 40' x 20'. Adjacent to the shop is a former convenience store, built in 1940, with an interior half bath and an additional half bath accessible from the outside corner. An additional 600-square-foot storage area with electricity connections, a small carport with side storage, and a stand-alone carport are also present on the property. The property is located across from a school and provides convenient access to the interstate, shopping, and the business center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Building Supply Auto Repair Shop Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garfield
    County
    Dona Ana
    State
    New Mexico
    Longitude
    -107.265355
    Latitude
    32.755173

    FAQs

    What type of property is this?
    Mixed-use property - Multi-family and commercial property near school and interstate access.
    Where is this mixed-use property located?
    The property is located at 8835 Highway 187 Garfield, NM.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: - Zoned for residential, multi-family, and commercial use, offering versatile development options.; - Connections for up to 3 mobile homes with utility hookups.; - **Large 2,060 sq ft shop (built in 1983) with metal roof, roll-up doors, and a 40' x 20' shaded carport.**
    (575) 993-2821
    Request Owner's contact information
    8835 Highway 187 Garfield, NM 87936
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    Garfield, NM 87936
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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
    8835 Highway 187 Garfield, NM 87936
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