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    Garfield, NM Residential Income Properties for Sale

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    Hatch, NM Caballo, NM Derry, NM
    Mixed-Use Property in Garfield, NM
    $140,000
    1.20 Acres
    Mixed-Use Property in Garfield, NM

    8835 Highway 187, Garfield, NM 87936

    Multi-family and commercial property near school and interstate access.
    • Zoned for residential, multi‑family, and commercial use, offering versatile development options.
    • Connections for up to 3 mobile homes with utility hookups.
    • Large 2,060 sq ft shop (built in 1983) with metal roof, roll‑up doors, and a 40' x 20' shaded carport.
    • Convenient location across from a school and minutes from interstate access, shopping, and a business center.
    • Includes a former convenience store (built in 1940) with an existing 1/2 bath.
    Updated: May 23, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Garfield, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Lot Development Opportunity
    $269,000
    4,000 SF
    Corner Lot Development Opportunity

    1.5-acre corner lot with flexible zoning and development potential.

    865 Tres Amigos Road, Las Cruces, NM 88007

    View details
    Hoosier Hot Springs Historic District
    $2,279,000
    5,528 SF
    Hoosier Hot Springs Historic District

    Historic district property with hot springs, inn, and residences.

    516 Austin St, Truth Or Consequences, NM

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    Mixed-Use Property with Residential Units
    $450,000
    0.22 Acres
    Mixed-Use Property with Residential Units

    Multi-tenant property with commercial and residential spaces, parking, courtyard.

    4001 W Picacho Avenue, Las Cruces, NM 88007

    View details
    Hoosier Hot Springs & Inn
    $2,279,000
    5,528 SF
    Hoosier Hot Springs & Inn

    Historic hot springs and inn with short and long-term rentals.

    516 Austin St, Truth Or Consequences, NM 87901

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Multi-Use Property in Garfield, NM
    $140,000
    1.20 Acres
    Multi-Use Property in Garfield, NM

    Versatile property suitable for residential, multi-family, and commercial use.

    8835 Highway 187, Garfield, NM 87936

    View details
    Fenced 20 Acres with Mineral Rights
    $549,000
    896 SF
    Fenced 20 Acres with Mineral Rights

    20 acres, mineral rights, new septic, new well, mountain views.

    6100 County Road D087, Las Cruces, NM 88001

    View details
    San Lorenzo Land with Views
    $32,000
    4.60 Acres
    San Lorenzo Land with Views

    4.6-acre lot with stunning views in Noonday Heights Subdivision.

    7x San Tomas Road, San Lorenzo, NM 88041

    View details
    10 Acres Near Deming, NM
    $40,000
    10.00 Acres
    10 Acres Near Deming, NM

    10-acre parcel near Deming with well and septic system.

    3150 Franklin Rd SE, Deming, NM 88030

    View details

    Garfield, NM Residential Income Properties Investment Opportunities Market Analysis

    Explore 1 residential income properties for sale in Garfield, NM on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $140,000.

    Sale prices for residential income properties in Garfield, NM start at $140,000, averaging $140,000, and reaching up to $140,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Mobile home & RV parks 1
    Multifamily properties 1

    Demographics Overview

    Population 249
    Population Growth (5Y) -2.4%
    Median Household Income $21,393

    High-Yield Neighborhoods for Investment

    Identify Garfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87936 $140K

    Taxes & Financing

    Tax Rate (average for all types) 3.04%
    Property Tax per SF $96.90 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dona Ana County

    New Delisted

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