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$399,000
20262382 MLS
Excellent investment opportunity on a high-visibility main thoroughfare. This 6,555 SF commercial office building is currently leased, offering immediate income potential. The property features a functional layout including a reception area, multiple private offices, and several exam roomswell-suited for medical or professional use. Additional highlights include a large boardroom and an expansive storage area. Positioned in a strong location with steady tenant use, this asset presents a compelling opportunity for investors seeking stable returns.

1200 S Richardson Ave, Roswell

Listing courtesy of Wilcox Realty.

$349,900
20262399 MLS
?? Commercial Opportunity High Traffic Location! ?? Looking for the perfect space to grow your business? This recently remodeled commercial building offers excellent visibility and high traffic exposure, making it ideal for a wide range of uses! ? Features: Versatile space for office, retail, or restaurant conversion Large open areas for flexible layouts & multiple uses Handicap accessible for convenience and compliance Updated interior move-in ready! Adjoins with access to the building to the north (1711 SE Main), also for sale expand your footprint and maximize potential! Whether you're launching a new venture or expanding your current business, this property offers the location and flexibility you need to succeed. ?? Message Jen Wilcox 575-317-9076 for details or to schedule a showing!

1713 Se Main St, Roswell

Listing courtesy of Wilcox Realty.

$75,000
20262459 MLS
HIGH DESERT PROPERTY. Cute Commercial/Residential property located on Central just off of Hwy 180. 600 square feet one bathroom. One room building. Large lot corner. Central and Yuma. High traffic area. Please call Malinda for more information. 5754945257.

601 N Central St, Deming

Listing courtesy of Deming High Desert Realty.

$149,500
20262371 MLS
Versatile commercial space with excellent potential and ample on-site parking to accommodate clients and staff with ease. The interior features a spacious open area ideal for a variety of layouts, along with two restrooms and a functional kitchen space. A recently replaced roof adds peace of mind!. Whether you're launching a new venture or expanding an existing business, this flexible property is well-suited for a wide range of commercial uses.

607 N 9th St, Carlsbad

Listing courtesy of Dunagan Associates.

$245,000
20262239 MLS
Opportunity is knocking. This versatile commercial property sits on a 100 x 215 lot and is full of potential. A non-permanent manufactured home is already on site, featuring 3 bedrooms, 2 bathrooms, and a spacious kitchen. Whether you are looking to start a business here or explore rezoning for a residence, the possibilities are there. Don't miss your chance to make this property work for you. Call your local realtor today to schedule an appt.

309 W Rose St, Carlsbad

Listing courtesy of Century 21 Dunagan Associates.

$495,000
20262032 MLS
Formerly a well-known steakhouse, this versatile commercial property offers an exceptional opportunity in a highly desirable location. The steel-constructed building with a classic brick front facade combines durability with timeless curb appeal. Inside, the space has been completely cleared out, providing a blank canvas ready for your vision. The layout includes a large open main area, additional side spaces, a designated meeting area, and a spacious former kitchen and grill section - ideal for redevelopment or repurposing. This property is perfectly suited for a wide range of uses, including: Event center or venue, Fitness center or gym, Retail or parts store, Office conversion, Restaurant or cafe revival. Additional features include handicap acessibility throughout, flexible floor plan for customization, strong structural build (steel frame) with 6000 sq. ft. of space, 15 peak building heiht, and 14' side walls. Dropped acoustic ceiling has been removed to show the expanse of the ceilings. Whether you're starting a new business or expanding an existing one, this property offers the space, location, and adaaptability to bring your ideas to life. Call Theresa Baize at 575-748-5625 or Lois Oliver Real Estate at 575-748-9735 for one of our brokers and take a look at the opportunities this space has to offer.

601 S 1st St, Artesia

Listing courtesy of Lois Oliver Real Estate.

$125,000
2 Beds ⋅ 1 Baths ⋅ 20262069 MLS
This property has 3 different dwellings. Live in one dwelling while getting rental income from the other two! Income producing property. The duplex features a 1 bedroom and 2 bedroom. The back house is a studio apartment. Room to grow on this property with land size of approximately 16640 sq ft. Age of property is a guess. Year built is not known.

400 S Manchester Ave, Hagerman

Listing courtesy of Lois Oliver Real Estate.

$82,000
20262179 MLS
Welcome to 511 South First Street, a prime development opportunity located on a corner of the widely traveled intersection of South First Street and Cedar Street. Whether youre looking to expand or secure a smart investment, this property offers excellent potential for a variety of business ventures. The existing building is approximately 1,017 square feet, and the property includes just over two lots of land. With ample on-site parking, it provides convenient access for residents, visitors, or future business operations. Dont miss this rare opportunity to invest in property with strong potential and great proximity to local amenities. Owner financing available. Contact Big Country Realty for an appointment to see this property. Asking price is $82,000.00.

511 S First St, Clayton

Listing courtesy of Big Country Realty.

$410,000
20262122 MLS
Oilfield commercial property on 1.8 acres featuring a 40 x 80 all-metal shop Includes a 16 x 12 front overhead door and two rear doors (10 x 910), center hoist, gas heater, and exhaust fan. Property offers one bathroom, two 14 x 14 office spaces with heat and A/C, plus a shop office with cabinets and sink. Equipped with water well, septic, two metal storage buildings, and rear carport areaideal for industrial use.

901 E Katy, Hobbs

Listing courtesy of United Realty, LLC - Carlsbad.

$150,000
20261949 MLS
PRIME LOCATION on West Second with endless potential! Offering 2,275 sq ft, this versatile space can be customized to suit a variety of business needs or utilized as-is with an existing service counter, welcoming waiting area, and spacious work area. Features include a rear garage door for convenient loading and unloading, plus additional lot space that could be transformed into parking. The layout also allows for a private main or rear office entranceideal for both client-facing and operational efficiency.

2210 W 2nd St, Roswell

Listing courtesy of Wilcox Realty.

$499,900
20261908 MLS
Fully Stabilized 6-Plex | Predictable Cash Flow | Steps from Hillcrest Park Renovated? YES Top-Tier Rents? YES Owner Paid Utilities NO Gas, Electric, & Water Individually Metered? YES 1000 Ash is the investment you've been waiting for. 4 - 2 Bed/1 Bath units and 2 - 1 Bed/1Bath units boast strong rents, low-vacancy, minimal maintenance & CapEx. Quality roof installed in 2019, exterior recently painted, each unit's renovations include tasteful color pallets, new flooring, updated kitchens, baseboards, lighting, and more. At under $100,000/unit, this is an amazing deal that won't last long.

1000 Ash St, Clovis

Listing courtesy of Sagebrush Real Estate.

$429,900
20261845 MLS
Brand-New 2026 Triplex Prime Investment or Owner-Occupant Opportunity! Dont miss this incredible opportunity to own a newly built 2026 triplex in a growing area near Elephant Butte Lake and Truth or Consequences! This modern property features three well-designed units, including one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units. Each unit is thoughtfully finished with stylish granite countertops, sleek stainless steel appliances, and beautiful white shaker cabinets, offering a clean, contemporary look that tenants will love. With open, functional layouts and quality finishes throughout, this triplex is perfect for investors seeking strong rental potential or for an owner-occupant looking to live in one unit while generating income from the other two. Conveniently located near outdoor recreation, hot springs, and local amenities, this property combines lifestyle and investment appeal in one package. Whether youre expanding your portfolio or looking for a smart live-in investment, this property is a must-see!

106 Inca St, Elephant Butte

Listing courtesy of Rio Mesa Realty.

$429,900
4 Beds ⋅ 3 Baths ⋅ 20261838 MLS
Brand-New 2026 Triplex Prime Investment or Owner-Occupant Opportunity! Don't miss this incredible opportunity to own a newly built 2026 triplex in a growing area near Elephant Butte Lake and Truth or Consequences! This modern property features three well-designed units, including one spacious 2-bedroom, 1-bath unit and two comfortable 1-bedroom, 1-bath units. Each unit is thoughtfully finished with stylish granite countertops, sleek stainless steel appliances, and beautiful white shaker cabinets, offering a clean, contemporary look that tenants will love. With open, functional layouts and quality finishes throughout, this triplex is perfect for investors seeking strong rental potential or for an owner-occupant looking to live in one unit while generating income from the other two. Conveniently located near outdoor recreation, hot springs, and local amenities, this property combines lifestyle and investment appeal in one package. Whether you're expanding your portfolio or looking for a smart live-in investment, this property is a must-see!

106 Inca St, Elephant Butte

Listing courtesy of Rio Mesa Realty.

$2,300,000
20261742 MLS
Prime commercial property at the heart of Hobbs North developing business district. 2585 sqrft retail/restaurant building with drive-thru window and large parking lot on 7.61 Acres total. Developed 1.135 acres with building and parking lot with additional 6.475 acres for future or additional professional/retail properties. Just North of the new Hobbs municipal middle school being built. Centrally located with quick access to North Grimes/Joe Harvey business strip, as well as the developing Lovington Hwy and new hospital region. Across the street from Hobbs higher-end country residential subdivisions.

1615 W Millen Dr, Hobbs

Listing courtesy of Robinson & Associates Real Estate.

$230,000
20261664 MLS
This presents an excellent opportunity to acquire a renovated, multi-family community property. There is potential to occupy one unit and lease the remaining units, or to purchase the property solely as an investment. The property is conveniently located off 7th Street, in close proximity to Prince, offering easy access to all areas of town. We encourage you to contact us today for further information or to arrange a private viewing.

711 E 7th St, Clovis

Listing courtesy of RE/MAX First Place Realtors Clovis.

$495,000
20261654 MLS
Just one minute from Ute Lake State Park headquarters and the boat ramp, this must-see property features a 40x60 insulated and heated metal building with an attached awning, perfect for protecting multiple vehicles, boats, or anything you can imagine. The sales office includes a split unit for comfort and can easily be converted into a cabin. It also comes with thirty boat storage units, providing low-maintenance income. A fence secures the main building, office, and shipping container, offering excellent storage and protection for your investments. Currently used as a boat dealership, it's ideal for either commercial or residential use. Seller is willing to owner finance with agreeable terms and seller to replace doors on storage units with acceptable offer. Contact your favorite realtor for a private tour.

100 Walleyed Pike Dr, Logan

Listing courtesy of Your 1st Choice 4 Realty.

$2,500,000
20261650 MLS
Turnkey opportunity to acquire a multi-parcel, income-capable property in Hobbs. This offering includes four separate parcels totaling approximately 4.47 acres, featuring a commercial building for a business, a residential property (713 W. Kara), and a fully functional animal and equine facility. The property is currently configured for livestock and animal operations, with pipe fencing, multiple pens, shelters, and outbuildings already in place. Ideal for boarding, breeding, training, or small-scale agricultural business use. This property is well-suited for investors, owner-operators, or buyers seeking a live/work setup with expansion potential. Opportunities like this combining land, infrastructure, and multiple parcels are rare in this market.

5206 N Grimes St, Hobbs

Listing courtesy of Casa Oasis Realty.

$1,825,000
20261532 MLS
Welcome to the Veeder Complex in the Heart of Las Vegas, NM. Built 1880-1908. Commercial/Residential Buildings. One building faade is Italianate Style, and the other Building Faade is Local Brickwork with a Moorish-style overtone. The Two Buildings with a shared wall are 15,226,744 SF-+. 0.18 acres. The cottage is 747.06 SF-+ with 0.02acres and is a separate structure. There are three storefronts on the first floor, along the length of the building. Starting with North Residence on the second floor, with its large windows, separate entrance, and oak wood accents, you have 2 bedrooms with 2-3/4 baths. The front bedroom for guests sits at the front of the residence with large windows overlooking the Plaza, and a double living room with a large fireplace mantle, great for entertaining or watching a parade or event on the Plaza Square. The dining room gives access to the living room for overflow of larger gatherings of family or friends. The Aqua/ Turquoise Kitchen has sitting stools while visiting with the cook, and a walk-in pantry. The Primary Bedroom has a bath and a hallway connecting to the front living room. Light-filled back room with a side guest daybed, for Brunch or Entertainment. Back stairs to resident parking. Second Longmire Residence with its wide stairs leading up to the second floor. Large receiving area with a corridor that separates rooms on the left and right. On the front, large windows with rooms that lend themselves to a library, bedrooms, living rooms, dining room; all rooms with high ceilings and light-filled windows that overlook the Plaza Park. Art Nouveau green enamel fireplace. Outstanding kitchen and a bath. The large bathroom has stained-glass windows and Marble accents. The story goes that when Teddy Roosevelt was here in Las Vegas for the Rough Rider Reunion in 1899, he took a bath in this tub! The back door takes you to the back porch and down the stairs to resident parking. Filming in this residence for Longmire Series for 6 years till 2017. There are many visitors who come and take pictures in front of the Street Door that has the Longmire Sheriff Seal on the glass. Both residences are light-filled, spacious, luxurious, functional, large, and have access to shopping, restaurants, entertainment, medical, educational, and more. Small town filled with history, a quiet sanctuary for those buyers who want a second home, investment, or live/work space. Keep the leases in place or bring your business to one storefront or all three. Three full basements the length of the buildings, dirt floors. The Cottage, last but not least, bedroom split/living room, with a bath, with washer/dryer, kitchen, and large windows. Sit out front with your morning coffee and park right in front. Things of interest: 200 movies filmed here, 3 ski basins near Taos, Santa Fe, and Sapapu. United World College, Highlands University, Luna Vo Teck, hospital, airport, and so much more. One hour from Santa Fe and 3 hours from the Colorado Border. Pictures say it all! Please verify all facts in this description and measurements. Thank you.

1801 Plz Unit 1821, Las Vegas

Listing courtesy of Duke Realty Group.

$199,000
20261315 MLS
Former Assemblies of God Church located in Springer, NM, situated on approximately 2 acres. The property features a brick exterior and a large, well-maintained worship area suitable for a variety of uses. The building includes multiple office spaces, 2 1/2 bathrooms, storage rooms, and a kitchen area, offering flexibility for community, business, or organizational purposes. In addition to the main building, the property includes an on-site doublewide manufactured home, providing an excellent live/work opportunity. The residence features 3 bedrooms and 2 bathrooms with an open-concept layout between the kitchen and dining area, creating a comfortable space for entertaining or everyday living. With ample space, functional layout, and versatile structures, this property offers potential for a variety of uses while being conveniently located within the Springer community.

1519 Schoolhouse, Springer

Listing courtesy of Realty One Of New Mexico - Raton.

$398,000
20261278 MLS
Prime Opportunity With This Versatile Commercial Property Located In A High-Traffic, High-Visibility Area. Positioned In A Strategic Location With Excellent Exposure, This Property Offers Incredible Potential For A Variety Of Business Uses Including Retail, Office, Service-Based Businesses, Or Investment Opportunities.

523 W Sanger St, Hobbs

Listing courtesy of Rivas Real Estate Team Co..

$500,000
20260899 MLS
119 Bridge Street offers a rare opportunity to acquire a property steeped in history and positioned for modern functionality. Formerly home to the beloved Popular Dry Goods store for over 76 years, this asset combines authentic character with practical interior upgrades. The building features original accents that preserve its historic charm, while recent improvementsincluding a roof replacement in 2023 and a recently-serviced HVAC systemensure operational reliability. The property includes a private bathroom, an electrical room, and a private room for staff meetings or an office. A substantial unfinished basement with concrete over dirt spans approximately 4,420 square feet, ideal for storage or future customization, and is equipped with a sump pump as well as two ventilation fans leading outdoors. The small rear parking lot, cleared and ready for use, adds convenience for rear access with a loading dock. Located in the historic heart of Las Vegas, this site benefits from strong visibility and proximity to the Plaza, making it an excellent candidate for retail, specialty use, or adaptive reuse. With its combination of historic appeal and modern infrastructure, 119 Bridge Street is a compelling investment for buyers seeking a versatile property in a vibrant market

119 Bridge St, Las Vegas

Listing courtesy of Trujillo Real Estate.

$1,500,000
20260852 MLS
Eight unit multifamily investment. Four buildings located near the desirable Old Town & Sawmill District. Each unit is individually metered and has a private gated yard & newer refrigerated cooling units. The property is fenced with an automatic gate and four garages for extra income. The electric was recently updated. Community laundry room for extra income. Well maintained buildings & grounds. Long-term predictable cash flow & 100%. occupied.

2307 New York Avenue Sw Ave, Albuquerque

Listing courtesy of Realty One Of New Mexico - Wyoming.

$190,000
20261029 MLS
This property has been a church building in the past, which is still a possibility or it could be renovated into a home or business. Very nice metal building with brick overlay construction, eye appealing metal shingle roof, large covered entry area, separate men's and women's restrooms. Counters and sinks in the back on each side for a preparation /kitchen area. Heat pump with floor vents, that will keep this building comfortable year round. Carpeted floors, pitched interior ceilings, concrete approaches front and back of building. Seller says if it remains a church, the pews will stay. If it is converted to another type property, the pews will be removed. Call Buena Vista Realty @ 575-226-0671 or Eldon Merrick @ 575-607-6242 to set up an appointment.

41679 Us Highway 70, Portales

Listing courtesy of Buena Vista Realty.

$265,000
20260810 MLS
Welcome to this newer-construction 2-bedroom, 2-bath duplex offering modern design with an airy, cozy feel. Thoughtfully laid out with contemporary finishes, this home is perfect for comfortable living and low-maintenance ownership. Conveniently located with excellent access to Cannon Air Force Base, shopping, and dining. Ideal for owner-occupants or investors alike. Investor opportunity: option available to purchase all five duplex units as a package.

320 Cortez St, Clovis

Listing courtesy of Better Homes & Gardens Real Estate Experience.

$265,000
20260809 MLS
Welcome to this newer-construction 2-bedroom, 2-bath duplex offering modern design with an airy, cozy feel. Thoughtfully laid out with contemporary finishes, this home is perfect for comfortable living and low-maintenance ownership. Conveniently located with excellent access to Cannon Air Force Base, shopping, and dining. Ideal for owner-occupants or investors alike. Investor opportunity: option available to purchase all five duplex units as a package.

316 Cortez St, Clovis

Listing courtesy of Better Homes & Gardens Real Estate Experience.

$265,000
20260807 MLS
Welcome to this newer-construction 2-bedroom, 2-bath duplex offering modern design with an airy, cozy feel. Thoughtfully laid out with contemporary finishes, this home is perfect for comfortable living and low-maintenance ownership. Conveniently located with excellent access to Cannon Air Force Base, shopping, and dining. Ideal for owner-occupants or investors alike. Investor opportunity: option available to purchase all five duplex units as a package.

308 Cortez St, Clovis

Listing courtesy of Better Homes & Gardens Real Estate Experience.

$473,000
20260756 MLS
A rare 500-acre vacant land offering comprised of legally established lots predating the 1981 Santa Fe County Land Development Code. The parcels retain their pre-1981 lot status, providing flexibility not commonly available under current subdivision regulations. Existing lot splits are confirmed by updated individual surveys, though certain parcels are not yet separately assessed for property tax purposes and remain subject to county processing. The property offers impeccable, unobstructed panoramic views of the Santa Fe skyline and the Ortiz Mountains, with elevated terrain that preserves long-range sightlines and visual integrity. Access is direct and efficient from NM-14, allowing ease of entry while maintaining privacy, scale, and regional connectivity. The offering includes recent boundary and individual parcel surveys completed in 2022 and 2024, confirming lot configuration and acreage. With legacy lot status, large contiguous acreage, and exceptional views, this property is well-suited for estate development, phased disposition, conservation use, or long-term investment. With lots already split and established under prior land use regulations, this holding presents a compelling opportunity for estate development, phased disposition, conservation use, or long-term investment. The combination of legacy lot status, large acreage, and exceptional views positions this property as a scarce and strategic Northern New Mexico land asset.

2912 N Hwy 14, Cerrillos

Listing courtesy of Pep Realty.

$215,000
20260648 MLS
Great NW location high traffic area in a established business plaza. Nice waiting room with a enclosed area for the receptionist. Set up as a lab so lots of storage, 2 bathrooms, huge parking lot. Pitched roof. Office space has been used as a medical lab including x ray room.

313 W Country Clb, Roswell

Listing courtesy of Exp Realty, LLC.

$265,000
20260808 MLS
Welcome to this newer-construction 2-bedroom, 2-bath duplex offering modern design with an airy, cozy feel. Thoughtfully laid out with contemporary finishes, this home is perfect for comfortable living and low-maintenance ownership. Conveniently located with excellent access to Cannon Air Force Base, shopping, and dining. Ideal for owner-occupants or investors alike. Investor opportunity: option available to purchase all five duplex units as a package.

312 Cortez St, Clovis

Listing courtesy of Better Homes & Gardens Real Estate Experience.

$265,000
20260806 MLS
Welcome to this newer-construction 2-bedroom, 2-bath duplex offering modern design with an airy, cozy feel. Thoughtfully laid out with contemporary finishes, this home is perfect for comfortable living and low-maintenance ownership. Conveniently located with excellent access to Cannon Air Force Base, shopping, and dining. Ideal for owner-occupants or investors alike. Investor opportunity: option available to purchase all five duplex units as a package.

300 Cortez St, Clovis

Listing courtesy of Better Homes & Gardens Real Estate Experience.