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Property profile & analytics
OFF-MARKET
Office Spaces

779 Nm-181 ELEPHANT BTTE, NM 87935

5,955 SF Built 2016
Property ID
Property summary
AI-generated overview

This exceptional Elephant Butte, New Mexico commercial property offers a unique blend of office and shop space, ideal for a variety of businesses. The property boasts a total of 5,955 square feet, strategically divided to maximize functionality. A 1,080 square foot office building, constructed in 2016, features refrigerated air, 200 amp service, three individual office spaces, a full kitchen, and a bathroom. This modern office space provides a comfortable and efficient work environment. In addition to the office building, the property includes substantial shop space. A 3,150 square foot southeast-facing shop sits on a concrete slab and benefits from 220 amp service. A 1,225 square foot northeast-facing shop offers dry storage on a dirt floor. Finally, a smaller 500 square foot shop, located near the office building, provides additional storage with concrete flooring. The entire property is zoned for commercial use and is situated on a single story, across three buildings, at 779 NM-181, Elephant Butte, NM 87935. This versatile property presents a rare opportunity to acquire a well-equipped commercial space in a desirable location. The combination of modern office space and ample shop area makes this an attractive investment for entrepreneurs and businesses seeking a functional and expansive workspace.

Property profile
Verified
Property type Office Spaces
Year built 2016
Total area 5,955 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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