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Commercial Land with Existing Improvements
For Sale
$200,000

102 & 104 Warm Springs Boulevard, Elephant Butte, NM 87935

Land, Elephant Butte, NM

Property SizeContact for details
Lot Size1.15 Acres
Days on Market158

Property Features for 102 & 104 Warm Springs Boulevard

General Information

Property type Land
Property subtype Other
Zoning description C-2
Lot features Cleared
Directions From NM-181 and NM-195: Northeast on NM-195 to Warm Springs Blvd. Right on Warm Springs to property on left.
Subdivision 610 - Sierra
Standard status Active
APN 3020075190043
Lot size 1.15 Acres

Taxes and HOA fees

Tax Annual Amount 755

Utilities

Sewer type Septic Tank
Water source Public
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Michael T Dunn · License #38538
Added: Mar 24 Changed: Aug 27 Last Checked: Aug 28 at 3:06AM
MLS# 1101895

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.

This 1.15-acre commercial land offering combines two parcels at 102 & 104 Warm Springs Boulevard in Elephant Butte, New Mexico. The property was previously used for storage and a mechanic shop, with existing personal property included in the sale. It is offered in as-is condition.

Public water serves the property, while wastewater is handled by a septic tank. The site is located near the lake and carries a 87935 postal designation.

Key Highlights

  • Two commercial parcels totaling 1.15 acres
  • Previously used for storage and a mechanic shop
  • Existing personal property conveys with the sale

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

89
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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two commercial parcels with prior storage and mechanic-shop use, public water, and septic service.
Where is this commercial land located?
The property is located at 102 & 104 Warm Springs Boulevard Elephant Butte, NM.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two commercial parcels totaling 1.15 acres; Previously used for storage and a mechanic shop; Existing personal property conveys with the sale
More about this property
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