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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 Market204

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: Sep 29 Last Checked: Oct 13 at 5:06PM
MLS# 1111671

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 comprises two parcels at 102 and 104 Warm Springs Boulevard. The sale includes existing personal property, and the site is offered in its current condition. Public water service and a septic tank are identified for the property.

The parcels are in Elephant Butte, New Mexico, near the lake. Their prior uses included storage and a mechanic shop.

Key Highlights

  • Two commercial parcels totaling 1.15 acres
  • Public water service
  • Septic tank wastewater system

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Two commercial parcels include personal property and public water service, with septic wastewater infrastructure.
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; Public water service; Septic tank wastewater system
More about this property
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