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$165,000
20260567 MLS
Former gas station and auto shop offering excellent potential for a retail space or creative new business concept. This property features high visibility off Main Street, with close proximity to I-25, making it easily accessible for customers and commuters alike. Conveniently located near local stores, banks, restaurants, and other established businesses, this is a prime opportunity for redevelopment or reuse in a high-traffic area. Bring your vision and ideasthis location is ready for its next chapter.

1101 S 2nd St, Raton

Listing courtesy of Realty One Of New Mexico - Raton.

$55,000
20260542 MLS
Great Lot New to the Market! Located near schools, restaurants, and shopping. Versatile for any need! Call Today for Details!!

W Park St, Hobbs

Listing courtesy of Rivas Real Estate Team Co..

$1,200,000
20260365 MLS
Large Warehouse-Office facility with 5 fenced acres, apx. 5100 sq ft of office space and over 15,000 sq ft of warehouse/shop area. 2 truck repair bays, central area of town

602 W Sanger St, Hobbs

Listing courtesy of Burkett - Shaw Realty / Hobbs.

$220,000
20260035 MLS
Great Opportunity!! 3500+ sq ft commercial building on large corner lot on ROUTE 66 The possibilities are endless 4+ offices, lobby, 2 bathrooms & lots of storage. Call Kathy Segura 575-749-1881 for showing

301 E Rte 66, Tucumcari

Listing courtesy of RE/MAX First Place Realtors Clovis.

$299,000
5 Beds ⋅ 2 Baths ⋅ 20257246 MLS
Fully rented duplex that more than pays for itself. Features a 3BR/1BA and 2BR/1BA unit plus rented storage with W/D hookup. New stucco, paint, steel stairs, and roof with warranty. Half-acre on Hwy 17 with room to expand. Virtual staging.

1999 Hwy 17th Hwy, Chama

Listing courtesy of United Country - Northern New Mexico Real Estate.

$315,000
20257196 MLS
Discover this commercial space located in a high visibility area with C-2 zoning. This property is ready for a transformation to suit your specific needs. The main 1,856 sq. ft. building features five spacious offices/bedrooms that could easily transition into a retail storefront, clinical space, or salon. The 1,276 sq. ft. bonus cottage offers an excellent secondary project for rental income or additional workspace. With a fenced yard and extra storage, this property provides the flexibility required in today's market. Whether expanding your footprint or launching a new venture, this site is ready for you to make it your own. Call to schedule your showing.

928 N Canal St, Carlsbad

Listing courtesy of United Realty, LLC - Carlsbad.

$315,000
20257092 MLS
Nice updated building with all the extras would be a great place for a new buisness on Main street with all the extras. Building is being sold with all the equipment. Also includes Washer, Dryer, Fridge, tanning bed, ect. This could be a great investment opportunity in the heart of downtown Artesia Business. This prime location with a thriving Beauty and Spa business combines the advantage of a prime locations with access to downtown. Dont' miss out on this opertunity to own your own business.

520 W Main St, Artesia

Listing courtesy of Lois Oliver Real Estate.

$37,000
20257041 MLS
Seize the opportunity to own two adjoining 5-acre properties in the serene Pine Meadows subdivision, just outside Ramah, NM. This expansive land offering features wide open spaces, minimal trees, and is located conveniently near the entrance of the subdivision, providing easy access while maintaining a secluded, remote feel. Total Area: Approximately 10 acres (two 5-acreparcels) Existing Infrastructure: One parcel includes a well, electricity, and a septic system. Manufactured Homes: Includes two manufactured homes that conveys with the land, one could be livable and the other offers potential. These structures provide flexible options for living or additional storage. Additional Features: On-site storage and fenced boundaries. Natural Beauty: Enjoy expansive New Mexico skies, blue skies, and pleasant summer weather. This property offers the perfect blend of privacy and accessibility, ideal for those seeking a remote retreat or a foundation for a new project. Dont miss your chance to own a piece of New Mexicos picturesque landscape with ample room for your vision.

18 Cedar, Pinehill

Listing courtesy of Exp Realty, LLC.

$28,900
20256965 MLS
Just over 13 acres of Land with some pinion trees and cedar trees in T8NR16WSEC6 looking for their next owner. Located 20 minutes south of Ramah,NM. the 2 parcels sold together offers great views to the north. Make your appointment today!!

Arrowhead, Pinehill

Listing courtesy of New Vision Real Estate Group.

$65,000
20256930 MLS
Development potential and located on a corner at the intersection of Palm Street and South Front Street. Whether you dream of building or securing a smart investment property, this piece provides the perfect business venture. The building stands at approximately 1,342 square feet, and this property boasts 7-Lots of land. This property offers ample on-site and street parking and ideally located close to high traffic South First Street offering ease of road access, making the property easy to reach for residents, visitors, or future business operations; Essential city utilities are accessible, streamlining the development process and reducing infrastructure costs; Explore this rare opportunity to invest in a property with established potential and excellent access to local conveniences. Contact Big Country Realty for an appointment to see this property. Asking price is $65,000.00.

2 Palm St, Clayton

Listing courtesy of Big Country Realty.

$1,200,000
20256859 MLS
Property includes two lots

5211 Buena Vis, Carlsbad

Listing courtesy of Lois Oliver Real Estate.

$1,200,000
20256897 MLS
Discover exceptional potential in this expansive 10,140 sq. ft. commercial building, offering a versatile layout suited for a wide range of business needs. Approximately 5,265 sq. ft. of the space is fully finished and tenant occupied. The remaining square footage is unfinished, offering a true blank canvas for new owners to customize to their visionwhether thats additional offices, storage, warehouse space, production areas, or future expansion. With its generous footprint, adaptable layout, and opportunities for customization, this property is ideal for businesses seeking room to grow or investors looking for a flexible commercial asset. Endless possibilities await in this one-of-a-kind space! Call Tiffany (575-703-9081) or Hannah (575-513-9192) and lets schedule a viewing and explore how this property can fit your business plans.

3751 N Main St, Roswell

Listing courtesy of Century 21 Black Gold.

$48,000
20256852 MLS
Great lot located by both hospitals! City sewer, water and gas on site!

S Cliff Dr, Gallup

Listing courtesy of Keller Williams Realty Gallup Living.

$849,000
20256677 MLS
Automotive repair shop, turnkey! If you are looking for a reputable one-stop car repair shop in the 2nd largest county in New Mexico this is for you. Property is .576 acres with a 2400 sq. foot metal shop (30'x80'). The shop has 4 service bays, 3 lifts, office, ADA restroom, loft storage, tire room, tire racks, employee parking structure. All equipment, tools, clients, pneumatic transmission jack, cherry picker, forklift, scissor lift and compressors. Great opportunity for growth and expansion. The business has been officially recognized as the BEST of 2025 Socorro Award Winner in the Auto Repair Shop category, based on verified Google review data! Call today to see this property!

100 Spring St, Socorro

Listing courtesy of Rocket Realty.

$750,000
20256515 MLS
South portion of Dona Anna Shopping center consisting of 9+ retail/office/warehouse spaces. 90% rented with consistent income. State office leases in two of the units, a pharmacy, and various smaller businesses with Hair salon, Cellular provider, and Insurance agency tenants.

1283 S Second St, Raton

Listing courtesy of Home Associates, Inc.

$420,000
20256497 MLS
Large professional office suite on busy city street. Great visibility located on Hobbs main business strips, surrounded by multiple professional offices, retail and much more. Just a few blocks down is Hobbs City Hall Complex. Pop in next door for lunch at Casey's Restaurant in the Down Town Mini-Mall. Great reception area overlooking Broadway through the large glass wall and door. Nine dedicated offices varying in size. Four additional rooms idea for file storage and copier space. Centralized data cabinet with adequate CAT-5 data cable throughout the building. large flex space with kitchenette area for company gatherings. two ADA equipped bathroom as well. Attract top tier employees as well as impress clientele with this impressive office facility.

205 W Broadway St, Hobbs

Listing courtesy of Robinson & Associates Real Estate.

$159,000
20256133 MLS
Tri-plex containing two efficiency units and one, two bed one bath unit. Fully occupied, with leases. Nicely located property, just a block from the Catholic Church located on Green St., and close to downtown Gallup. Call us today if you'd like to see it.

206 S Woodrow, Gallup

Listing courtesy of Keller Williams Realty Gallup Living.

$174,000
2 Beds ⋅ 1 Baths ⋅ 20256222 MLS
Investor Opportunity Fully Occupied Duplex! This multi-family duplex is perfect for investors seeking a property with immediate income! Featuring two one-bedroom units, both currently occupied with tenants, this is a turnkey investment you don't want to miss. Each unit offers comfortable living spaces and steady rental income potential. The property is located in a convenient area close to schools, shopping, and local amenities. Whether you're expanding your rental portfolio or getting started in real estate investing, this duplex is an ideal fit!

107 S Eighth St, Carlsbad

Listing courtesy of Century 21 Dunagan Associates.

$190,000
20256000 MLS
Great Investment Opportunity! This property features a fully equipped restaurant building along with 27 storage units, offering multiple income streams. The storage units are partially rented, providing immediate cash flow with room for increased revenue. Don't miss this unique property with excellent potential for growth!

451 E Sumner Ave, Fort Sumner

Listing courtesy of Zia Real Estate.

$255,000
20255943 MLS
Operating salon. Nicely updated building with multiple rentable booth areas. Could be a professional office or medical type operation. Many possibilities. Up to 8 spaces that could be rented by new owner as booth rental. Kitchen area with a washer dryer hook-up. Several storage areas. Property does have an unfinished basement. Some windows have been replaced. Owner will either leave two additional new windows or have them installed. Plumbing update in 2019 to install cleanouts. Basement plumbing updated in 2025. Please call Listing Broker or your favorite Realtor for an appointment to view. Must have notice.

108 N Delaware Ave, Roswell

Listing courtesy of Nunez & Company Realty, LLC.

$350,000
20255953 MLS

12 Arroyo, Nambe Pueblo

Listing courtesy of Coldwell Banker Mountain Properties - Santa Fe.

$269,000
8 Beds ⋅ 4 Baths ⋅ 20256041 MLS
Excellent investment opportunity** 4-Unit multifamily property featuring one 1-bedroom, two 2-bedroom and one 3-bedroom units. Large front porch. Split Units added to all units in 2024. New Roof in 2024. This property offers a strong combination of current income and long term value. Don't miss your chance to acquire a value-add asses in a steady rental market. Call Karen S Miller 575-703-6121 for your viewing.

1407 W Hank Ave, Artesia

Listing courtesy of Harwell & Associates Real Estate.

$298,900
20255939 MLS
This property is ideal for investors or business owners seeking a flexible space in a well-connected part of Roswell. Positioned along a high-visibility corridor in southeast Roswell, this expansive property offers 3600 square feet of interior space Zoned I-1 (light industrial), its well-suited for a range of commercial uses, including warehousing, manufacturing, logistics, or contractor operations. This lot also includes two shipping containers with a roof offering 1600 sq ft of additional storage with plenty of room for covered parking, equipment storage, or future expansion. This property gives you an impressive 44,867 sq ft combined. With easy access to major roads and proximity to other industrial and residential areas, this site balances convenience with operational potential. Whether you're expanding operations or investing in Roswells growing commercial sector, 1303 E McGaffey offers a solid foundation for success!!

1303 E Mcgaffey St, Roswell

Listing courtesy of Berkshire Hathaway Home Services Enchanted Lands - Roswell.

$250,000
8 Beds ⋅ 4 Baths ⋅ 20256035 MLS
Investment opportunity- 4-Unit multifamily property featuring one 1-bedroom, two 2-bedroom, one 3-bedroom unit. Split Units Added to B & C in 2024. New Roof in 2024. This property offers a combination of current income and long term value.

1501 W Hank Ave, Artesia

Listing courtesy of Harwell & Associates Real Estate.

$27,500
20255971 MLS
Raw land nicely wooded 4 acres, currently there are no developed access road to this lot. Other lots have electricity so it is close but also a distance away. Secluded private location.

4 Lot 12, Guadalupita

Listing courtesy of LPT Realty.

$1,300,000
20255775 MLS
Incredible VALUE ADD Investment opportunity in the heart of La Luz, New Mexico! This one enjoys an approximate Cap Rate over 6%. This 18-space mobile home park sits on 3.66 acres, offering steady income potential and long-term growth. With ample space and infrastructure for 3-4 Additional Homes, the property provides tenants with a comfortable setting while giving an investor room to maximize returns. Located just minutes from Alamogordo, the park benefits from convenient access to schools, shopping, and local amenities, while still enjoying the quiet charm of La Luz. The 3.66-acre parcel allows for flexible management and potential future improvements. Whether you're looking to expand your investment portfolio or enter the manufactured housing market, this property presents a solid opportunity in a desirable Southern New Mexico location.

1 Sams Place, La Luz

Listing courtesy of Berkshire Hathaway Home Services New Mexico Properties - Abq.

$995,000
20255713 MLS
Large truck shop and yard just off Hwy 285 outside of Loving, NM. Be on the main route to the hottest oil field in the region. Like new construction 60'x80' truck shop with six 16' overhead doors with power closers. Wired with 220V but could easily be upgraded. The shop is centered in a 10-acre fenced yard. 20 additional acres included, and together totals to Approx. 30-acres. Large rolling gate entry to the main yard. Plenty of tractor-trailer maneuvering and parking area. Two large portable man-camp units on-site as well.

150 S Roberson, Carlsbad

Listing courtesy of Robinson & Associates Real Estate.

$121,000
3 Beds ⋅ 2 Baths ⋅ 20255382 MLS
Income-generating duplex featuring two units totaling 1,880 sq ft. The main unit offers 1,306 sq ft with 2 bedrooms, 1 bathroom, and a bonus room located past the laundry room suitable for office, storage, or workspace. The larger unit also includes a generous partially finished basement for additional storage. The secondary unit provides 574 sq ft with 1 bedroom and 1 bathroom. The property includes a long driveway accommodating parking for both units. Both units have recent rental history, with potential to benefit from modern updates. This property offers multiple investment strategies: maintain as a rental property with existing tenant income, use as owner-occupied investment by living in the larger unit while collecting rent from the smaller unit, or develop as a family compound. Located near restaurants and shopping for convenience, also walking distance to Highlands University - convenient for student tenants! Ready for buyer's updates and improvements to maximize potential. ***ALL OFFERS CONSIDERED***

1412 8th St, Las Vegas

Listing courtesy of Home & Land Professionals.

$350,000
20255516 MLS
Perfect location, well maintained 3428 sq ft Southwest style building in heart of Downtown Business District. Classic archways, Sautillo tile flooring, off street parking, several break out areas, front courtyard patio, refrigerated room and storage building gives you many options. Sellers have successful business and would consider staying on as tenants. Many options for Entrepreneur, Investor, Developer of small mini mall. Easy access to the I-10 to Las Cruces, Lordsburg and Airport at El Paso, Texas. Plus a City Airport for private planes. Columbus NM and Palomas Mexico is just to the south and Silver City NM it just to the north. Call Micki for more information. 575.494.2610. Don't miss out on this opportunity.

411 S Gold Street St, Deming

Listing courtesy of Corral Realty Group.

$292,500
20255353 MLS
Front reception area, multiple office spaces, 3 restrooms (one handicap accessible), kitchen area, break room. Membrane roof recently installed. Fresh interior paint throughout and parking lots on west and north sides are City owned. The location of this property gives it enormous possibilities! (Formerly law offices in years gone by.) Call Melodi Salas.

125 E Third St, Roswell

Listing courtesy of Ranchline Taylor & Taylor Realtors.