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Four-Parcel Commercial Land Opportunity
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638 E Therma, Eagle Nest, NM 87558

Four parcels offer direct Highway 64 frontage, with prepaid water and sewer taps and water/sewer service on the SW lot.

Property SizeContact for details
Days on Market133

Property Features for 638 E Therma

General Information

Standard status Active
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
Listed By: Rob Swan · License #19097
Source: Crexi
Added: Apr 30 Changed: Aug 24 Last Checked: Sep 8 at 4:59AM

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.

This offering includes four commercial land parcels at the corner of Therma and Teddy Bear, presented as a single opportunity for buyers seeking flexible development options. The assemblage combines three parcels that are each around half an acre with a fourth parcel totaling just over 5.5 acres, allowing room for smaller commercial builds alongside a larger concept. The seller notes prepaid sewer and water taps, including 2.6 acre-feet of commercial water rights, and says the SW lot has water and sewer to the lot per the survey.

The property provides direct Highway 64 frontage and is described as one of the more visible pieces of land in the Enchanted Circle. Eagle Nest Lake is about a minute away, while Red River and Angel Fire are roughly a 20-minute drive.

The remarks also indicate general commercial zoning that is flexible enough to allow residential construction as well, with the potential to develop multiple lots in different ways within the same assemblage.

Key Highlights

  • Four parcels at the corner of Therma and Teddy Bear with direct Highway 64 frontage in Eagle Nest, NM
  • Prepaid sewer and water taps included, plus 2.6 acre‑ft of commercial water rights
  • SW lot has water and sewer service to the lot (per survey)

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Water rights

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby

Demographics for 87558, NM

724
Population
1,469
Households
0.5
Avg Household Size
52
Median Age
53%
College-Educated
100%
High-School Grad
105.9 sq mi
ZIP Area
7
Density / Sq Mi
$46,794
Median Household Income
$21,812
Median Earnings
$935
Median Rent
$429,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Four parcels offer direct Highway 64 frontage, with prepaid water and sewer taps and water/sewer service on the SW lot.
Where is this commercial land located?
The property is located at 638 E Therma 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 in Eagle Nest, NM; Prepaid sewer and water taps included, plus 2.6 acre‑ft of commercial water rights; SW lot has water and sewer service to the lot (per survey)
More about this property
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