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Two-Parcel Commercial Land
For Sale
$200,000
Pending

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

Land, Elephant Butte, NM

Property SizeContact for details
Lot Size1.15 Acres
Days on Market221

Property Features for 102 & 104 Warm Springs Boulevard

General Information

Property type Land
Property subtype Duplex
Zoning C-2
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 Pending
APN 3020075190043
Lot size 1.15 Acres

Taxes and HOA fees

Tax Description (#104) Unit 27 Block 3 Lot 3 AND (#102) Unit 27 Block 3 Lot 2
Tax Annual Amount 755
Legal Description (#104) Unit 27 Block 3 Lot 3 AND (#102) Unit 27 Block 3 Lot 2
Listing Agency: Coldwell Banker Legacy · Coldwell Banker Real Estate
Listed By: Michael T Dunn · License #38538
Added: Mar 24 Changed: Oct 30 Last Checked: Oct 30 at 2:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This commercial land offering consists of two parcels totaling 1.15 acres. The property is being sold in its current condition, and existing personal property will convey with the sale. C-2 zoning is reported for the property.

The parcels are located at 102 and 104 Warm Springs Boulevard in Elephant Butte, New Mexico. The land was previously used for storage and a mechanic shop.

Key Highlights

  • Two commercial parcels totaling 1.15 acres
  • Zoned C‑2
  • Existing personal property conveys with the sale

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
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

Frequently Asked Questions

What type of property is this?
Commercial land - C-2 zoning applies to both parcels, and existing personal property is included in the sale.
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; Zoned C‑2; Existing personal property conveys with the sale
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