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    Caballo, NM
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    Caballo, NM Retail Properties & Spaces for Sale

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    Truth Or Consequences, NM Garfield, NM Elephant Butte, NM
    RV Park and Store
    $475,000
    2.50 Acres
    RV Park and Store

    14422 Highway 187, Caballo, NM 87931

    RV park and store near Caballo Lake with income potential.
    • Established RV park with 14 full hookup spots and 4 dry dock storage spaces.
    • Includes a store with walk‑in coolers, bathroom, refrigerated air, central heating, and conversion potential.
    • Features a mobile home suitable for living or renting, with upgraded yards.
    • Located minutes from Caballo Lake and close to other recreational areas.
    • Property includes 2 carports and sits on over 2 acres with numerous trees and a drip system.
    Updated: Dec 12, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Caballo, 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.

    Radium Springs Commercial Building Opportunity
    $340,000
    4,000 SF
    Radium Springs Commercial Building Opportunity

    Versatile commercial building in Radium Springs undergoing transformation.

    855 Tres Amigos Rd, Las Cruces, NM

    View details
    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
    Hatch I-25 Exit Land
    $1,450,000
    26.00 Acres
    Hatch I-25 Exit Land

    26 acres with I-25 frontage in Hatch, NM.

    20 Chile Capital Ln, Hatch, NM 87937

    View details
    Commercial Property with Income Potential
    $120,000
    Commercial Property with Income Potential

    Mixed-use property featuring a barbershop and two apartment units.

    304 E Hall Street, Hatch, NM 87937

    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
    Las Cruces Land For Sale
    $199,000
    0.54 Acres
    Las Cruces Land For Sale

    Land in Dona Ana, New Mexico, with T4 zoning.

    375 dusty Lane, Las Cruces, NM 88005

    View details
    Commercial Lot in Bayard, NM
    Contact for pricing
    0.15 Acres
    Commercial Lot in Bayard, NM

    Commercial lot in Bayard, NM, ideal investment opportunity.

    Central Avenue, Bayard, NM 88023

    View details
    Unrestricted Land on Hwy 180
    $85,000
    0.75 Acres
    Unrestricted Land on Hwy 180

    Unrestricted 0.75 acre commercial land for sale on Hwy 180.

    Hwy 180, Deming, NM 88031

    View details

    Caballo, NM Retail Properties & Spaces Market Trends and Statistics

    Explore 1 retail properties & spaces for sale in Caballo, 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 $475,000.

    Sale prices for stores in Caballo, NM start at $475,000, averaging $475,000, and reaching up to $475,000 — 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

    Grocery and convenience stores 1

    Demographics Overview

    Population 512
    Population Growth (5Y) -33.3%
    College Educated 41.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    87931 $475K

    Listings Trend

    New vs delisted commercial listings in Sierra County

    New Delisted

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