Commercial Land with Highway
For Sale
$540,000
638 E Therma Dr, Eagle Nest, NM 87718
Four corner parcels offer direct Highway 64 frontage and prepaid water and sewer taps.
Property SizeContact for details
Lot Size7.00 Acres
Days on Market117
Property Features for 638 E Therma Dr
General Information
Standard status
Active
Lot size
7.00 Acres
Property subtype
Land
Zoning
General Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Water Rights
Yes
Listing Agency:
Swan Realty
(575) 613-4243
Listed By:
Robert Swan
(575) 613-4243
Source:
Exprealty
Added: Apr 18
Changed: Aug 8
Last Checked: Jul 27 at 10:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Swan Realty
Investment Insights
Based on property information with market context.
Four parcels are offered at the corner of Therma and Teddy Bear, with direct Highway 64 frontage. The package includes prepaid sewer and water taps, along with 2.6 acre-feet of commercial water rights.
Three parcels are each around half an acre and are well suited for smaller commercial builds for retail or service uses. The fourth parcel is just over 5.5 acres, providing room for a larger development. According to the provided survey, the southwesterly lot has water and sewer to the lot.
The remarks indicate the general commercial zoning is flexible enough to allow residential construction as well, including the ability to build a home on one lot while developing the others. Eagle Nest Lake is about a minute away, and Red River and Angel Fire are each roughly a 20-minute drive.
Three parcels are each around half an acre and are well suited for smaller commercial builds for retail or service uses. The fourth parcel is just over 5.5 acres, providing room for a larger development. According to the provided survey, the southwesterly lot has water and sewer to the lot.
The remarks indicate the general commercial zoning is flexible enough to allow residential construction as well, including the ability to build a home on one lot while developing the others. Eagle Nest Lake is about a minute away, and Red River and Angel Fire are each roughly a 20-minute drive.
Key Highlights
- Four parcels at the corner of Therma and Teddy Bear with direct Highway 64 frontage.
- Prepaid sewer and water taps included, along with 2.6 acre‑ft of commercial water rights.
- Southwest lot has water and sewer to the lot (see survey).
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
91
Businesses Nearby
Explore this area
Business Placement
Demographics for 87718, NM
642
Population
842
Households
0.8
Avg Household Size
55
Median Age
19%
College-Educated
98%
High-School Grad
177.0 sq mi
ZIP Area
4
Density / Sq Mi
$46,313
Median Household Income
$950
Median Rent
$170,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Four corner parcels offer direct Highway 64 frontage and prepaid water and sewer taps.
Where is this commercial land located?
The property is located at 638 E Therma Dr Eagle Nest, NM.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Four parcels at the corner of Therma and Teddy Bear with direct Highway 64 frontage.; Prepaid sewer and water taps included, along with 2.6 acre‑ft of commercial water rights.; Southwest lot has water and sewer to the lot (see survey).
