Listing Agency: SVN | Walt Arnold Commercial Brokerage, Inc. k***@svn.com Show Phone

Listed By: Kyle Kinney · License #NM ##52685

Source: Crexi

Added: Jul 8, 2025 Changed: Aug 26 Last Checked: Aug 14 at 7:24AM

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Investment Insights

Based on property information with market context.

Located in Glencoe (Ruidoso), NM, this 24,000 SF industrial/flex space offers versatile and spacious interiors with high ceilings. The well-maintained building is unique in the Ruidoso area due to its size and proximity to the city. The property features a 23,650 SF warehouse with an included living area, allowing for live/work arrangements. A portion of the warehouse was previously used as a distillery with a tasting room. An additional detached 600 SF living space is located near the main building. The grounds also include an equine and equestrian facility previously used for rodeo events and training. The property includes a private well and septic system, along with a 10,000-gallon water storage capacity and 600 amp/3-phase heavy power. Its strategic location in the Glencoe area is near the heart of Ruidoso, NM. The versatile layout can accommodate diverse needs and offers growth potential.

Key Highlights

• 24,000 SF industrial/flex space, unique in the Ruidoso area.
• Includes a 23,650 SF warehouse with a living area, suitable for live/work arrangements.
• Equine and equestrian facility previously used for rodeo events and training.

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Building Supply Auto Repair Shop Discount Store Real Estate Agency Hotel & Motel Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 88324, NM

100

Population

136

Households

0.7

Avg Household Size

53

Median Age

73%

College-Educated

88%

High-School Grad

39.8 sq mi

ZIP Area

3

Density / Sq Mi

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Flex space - 24,000 SF industrial/flex space with live/work and equestrian facilities.

Where is this flex space located?

The property is located at 27495 US-70 Glencoe, NM.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: 24,000 SF industrial/flex space, unique in the Ruidoso area.; Includes a **23,650 SF warehouse with a living area**, suitable for live/work arrangements.; Equine and equestrian facility previously used for rodeo events and training.