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$4,000,000
20264179 MLS
Commercial shop available in Riverside approximately 8 miles from Artesia NM. This shop building encompasses 41,262 sq feet of usable industrial space and sits in the middle of the booming oil patch of Southeast New Mexico. The building incorporates office space within and 6 large bay doors for easy large truck access. Total acreage surrounding the building will be negotiable.

93 Arrowhead Rd, Artesia

Listing courtesy of Lois Oliver Real Estate.

$375,000
20264173 MLS
''Marrn Rojo'' Beautifully updated 2,571-square-foot office building located on the highly visible corner of Auburn Avenue and Apache Street near Downtown Farmington. Originally a classic residence and later converted to medical office space, this unique property combines character with functionality. Situated on 1.86 acres, approximately 1.45 acres are zoned Office & Professional, while the remaining acreage is zoned Single Family-7, offering flexibility for future development or expansion. The interior features a welcoming reception and waiting area with an antique fireplace, spacious entry, covered front deck, reception area, kitchen/break room, 8 private offices, 4 storage rooms, and 2 bathrooms. Current zoning allows a variety of potential uses without rezoning, including medical or professional offices, real estate offices, group care facilities, senior living, daycare, barber or beauty salons, bed and breakfast, and other compatible business ventures. With rezoning, the property may also offer excellent potential for short-term rental or other residential investment opportunities. Additional features include an ADA-accessible side entrance, ample parking with room for RVs, buses, or fleet vehicles, mature shade trees, detached storage shed, central HVAC, and a 40-gallon water heater. This versatile property offers exceptional business, investment, or redevelopment potential in one of Farmington's most accessible locations. Owner will consider carrying loan.

503 N Auburn Ave, Farmington

Listing courtesy of Exp Realty, LLC.

$179,900
26000176 MLS
Take advantage of this excellent investment opportunity with a well-maintained commercial property featuring 31 self-storage units. Designed to serve both residential and business customers, this income-producing property offers a variety of unit sizes to accommodate diverse storage needs. The facility provides convenient access, ample drive lanes for easy loading and unloading, and a secure layout that appeals to long-term tenants. With strong demand for self-storage services, this property presents excellent potential for consistent cash flow and future growth. Whether you're looking to expand your investment portfolio or enter the self-storage industry, this turnkey property offers a solid foundation with opportunities to increase occupancy and maximize returns.

517 W 17th St, Portales

Listing courtesy of Burton Realty & Auction, LLC..

$225,000
20264107 MLS
Take advantage of this exceptional commercial opportunity near Hilltop Plaza. With a drive-through window, covered parking, and a highly visible location, this property is ready for its next owner. The sale includes the building only, while all equipment inside may be purchased separately.

2320 N Main St, Clovis

Listing courtesy of Southwest Real Estate.

$385,000
2602252 MLS
Well appointed multi use commercial building on a completed fenced and gated one acre parcel located in the agricultural and commercial district in Berino, NM south of Las Cruces and north of Anthony, NM. Secure reception area, ADA compliant, Administrative office and ample yard space provide an excellent opportunity for construction companies, agricultural services, rural health clinic, community center and more.

1150 E Berino Road, Mesquite

Listing courtesy of RE/MAX Classic Realty.

$780,000
20264083 MLS
834 S. Canal St. in Carlsbad, NM presents a rare opportunity to own a versatile commercial property with a rich history and excellent visibility. Formerly operated as a novelty and specialty retail shop, this location has also served as a bar and restaurant in prior years, showcasing its adaptability for a variety of business concepts. Positioned along a well-traveled corridor, the property benefits from steady local traffic and strong exposure. The flexible layout lends itself to multiple uses, including retail, dining, lounge, or other entrepreneurial ventures. With its established commercial footprint and proven track record, this space is ideal for an owner-user or investor seeking a property with character and potential. Bring your vision and capitalize on this unique location in the growing Carlsbad market. Property being sold As Is.

834 Canal St S, Carlsbad

Listing courtesy of Century 21 Associated Professionals.

$89,900
20264048 MLS
Located right at the busy intersection of Chama, this property can be the next building site for the your future business. This property will capture the majority of the traffic passing through Chama. With visibility from all sides, there is no doubt that your future business will have the opportunity to attract everyone who passes. On the path to Pagosa Springs or traveling back to Santa Fe, you will pass right by.

271 Us Hwy 64, Chama

Listing courtesy of Rooted Realty Co..

$29,750
20264047 MLS
Commercial Lot on 2 Acres! Electric line runs thru property. Located near Berrendo Middle School and close to all the shopping and eateries north of town! Drive-by, check it out! **East on Hwy. 70 towards Clovis left on Cumbres across from Berrendo Middle School just off Hwy. on right. Goes to almost Jacarilla Rd.**

17 Cumbres, Roswell

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

$1,400,000
20264013 MLS
Highway Frontage | 2.47(+/-)Acres | Exceptional commercial property offering outstanding highway frontage, excellent visibility, and easy access on approximately 2.47 acres. (2 parcels included in the sale 4-157-130-421-010 & 4-157-130-431-017) This income-producing investment features a 10,848-square-foot warehouse/office building with covered front parking and secure gated yard areas. The north portion of the building is currently available for lease at $7,000 per month. The tenant is responsible for electricity, their proportionate share of water and gas, and a pro-rata share of property taxes and insurance. The south portion is leased through September 30, 2026, providing immediate rental income while offering future flexibility. A 24-hour notice is required to tour the entire building. Please contact the listing agent for lease details and to schedule a private showing.

3221 National Parks Hwy, Carlsbad

Listing courtesy of Dunagan Associates.

$320,000
26000080 MLS
Here's your chance at owning your own water station, perfect for upcoming business adventures! Remember to contact your favorite Realtor today! Comes with 17.5 Acres of commercial water rights. Buyer shall conduct due diligence

3 Legion Rd, Eunice

Listing courtesy of United Realty, LLC - Hobbs.

$800,000
20263997 MLS
Exceptional Investment Opportunity with Multiple Income Streams! Unlock the potential of this unique commercial property featuring 60 self-storage units (10' x 10') along with additional office, warehouse, residential, and business-use opportunities. Whether you're looking to expand your investment portfolio or operate your own business while generating rental income, this property offers endless possibilities. For years, the property has successfully operated as a self-storage facility while also serving as the headquarters for a plumbing and electrical business. The site offers ample parking with room for up to 12 service vehicles, making it ideal for contractors, trade businesses, or service-based operations. The main building includes an office, attached 2-car garage, and basement, along with a fully equipped kitchen and full bathroom. This space has previously been utilized as a rental unit and is equipped with a 2-ton mini-split heat pump, creating an excellent opportunity for additional rental income, employee housing, or owner occupancy. Adding even more value is a 25' x 30' Quonset hut currently being converted into a charming on-site casita. Once complete, it will feature an office, kitchenette, full bathroom with shower, stackable washer/dryer hookups, and its own 2-ton mini-split heat pump, providing even more flexibility for residential, office, or rental use. With established self-storage income, multiple functional buildings, generous parking, and room for a variety of commercial uses, this is a rare opportunity to own a versatile, income-producing property with tremendous upside potential. Schedule your private showing today! Call Lanette Rostro for more information 575.200.5954.

2416 W Church St, Carlsbad

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

$450,000
20240267 MLS
Complete new roof including new rafters. C'mon Roswell! What happened to country western dancing and fun. We need it back! New duct work, new interior framing, famous location and a town in need of a renewed country western night club! Remember the Urban Cowboy. Bull riding, dancing and polite discourse with your fellow country western folks... A few photos from Urban Cowboy included just to kindle everyone's memory of fun... Make an offer!

4404 Se Main St, Roswell

Listing courtesy of Manatt & Company Realtors.

$975,000
20261733 MLS
Shipp Apartments is a 12-unit studio apartment complex offering strong in-place occupancy and potential upside through future rent growth. The property is currently 100% occupied, with a current rent roll totaling approximately $8,600 per month, or $103,200 in annualized scheduled rent. Individual rents currently range from approximately $500 to $800 per month, creating an opportunity for continued rent optimization as market conditions and tenant turnover allow. The property reported $96,000 in rental income during 2025, providing historical support for the current income stream. The property is currently self-managed and offers a relatively straightforward operating model. With full occupancy, existing cash flow, a simple 12-unit studio configuration and potential rental upside, Shipp Apartments provides an opportunity to acquire an established multifamily asset with room for continued income growth.

212 S Shipp St, Hobbs

Listing courtesy of Found Real Estate.

$3,300,000
20261476 MLS
Sunrise Apartments is a 32-unit multifamily investment opportunity in Hobbs, New Mexico, currently 100% occupied with a wait list, demonstrating strong demand for the property. The community features a desirable unit mix consisting of 16 three-bedroom units, 8 two-bedroom units, and 8 one-bedroom units. The current rent roll totals approximately $37,795 per month, or $453,540 in annualized scheduled rent. The property reported $440,880 in rental income during 2025, providing strong support for current rent-roll performance. Based on normalized operating expenses and a vacancy/collection allowance, estimated NOI is approximately $318,750, representing an estimated 9.66% cap rate at the $3,300,000 asking price. Amenities include an on-site swimming pool, laundry facilities, and management office. The property's larger concentration of three-bedroom units provides a differentiated offering within the local rental market. At approximately $103,125 per unit, Sunrise Apartments offers an investor immediate in-place cash flow, full occupancy, demonstrated tenant demand, and continued long-term rental potential in the Hobbs market. Financial information is based on the current rent roll, seller-provided operating information, and normalized operating assumptions.

1515 E Scharbauer St, Hobbs

Listing courtesy of Found Real Estate.

$678,000
20262367 MLS
Cintas-occupied industrial investment opportunity in Hobbs, New Mexico, offered at $678,000. The property combines an established national tenant, more than 20 years of continuous occupancy, recent capital improvements, fenced industrial space and rail infrastructure immediately behind the property. Cintas has occupied this location continuously since 2005 and currently pays $5,650 per month, representing $67,800 in annual base rent. The current lease runs through July 2027, with renewal discussions anticipated to begin in early 2027. The lease is reported as triple net, with the landlord retaining certain insurance obligations. Prospective purchasers should review the existing lease for complete terms and expense responsibilities. Significant improvements were completed in 2026, including new electrical, new plumbing and a new concrete loading dock. The property also features a fenced yard and functional loading and operational areas suitable for industrial use. A rail spur is located directly behind the property, providing potential strategic value for industrial and distribution users. Buyer should independently verify rail access, service availability and use rights. Cintas' occupancy since 2005 provides a substantial operating history at this location. The July 2027 lease expiration also creates potential upside for a purchaser through lease renewal, renegotiation or future repositioning. The adjacent 11,400 SF warehouse at 1119 S Leech Street is also offered for sale at $299,000. Seller will consider a package transaction for both properties, creating an opportunity to acquire adjacent industrial assets with approximately 22,000+ SF of combined building area.

1111 S Leech St, Hobbs

Listing courtesy of Found Real Estate.

$595,000
20263233 MLS
Prime commercial property located on a highly visible corner lot offering approximately 4,400 square feet of flexible office space. The thoughtfully designed layout includes a total of 12 offices/rooms, multiple lobby areas, kitchen facilities on both levels, and three bathrooms. Ideal for professional offices, medical, service-based businesses, or multi-department operations. Excellent opportunity to establish or expand your business in a well-positioned location. Call today to schedule your private showing.

201 E Sanger St, Hobbs

Listing courtesy of Elite Real Estate.

$249,900
20256960 MLS
PRIME LOCATION IN EUNICE NM! If you have been think about starting a business or expanding, NOW is your chance. This property has endless possibilities and sits on .48 of an acres, plenty of space and a great location.

1527 Main St, Eunice

Listing courtesy of Found Real Estate.

$299,000
20262368 MLS
11,400 SF industrial warehouse located at 1119 S Leech Street in Hobbs, NM, offered at $299,000. At approximately $26/SF, the property offers an attractive acquisition basis for an owner-user or investor. The building is currently income producing at $1,500 per month and provides functional warehouse space with a fenced property and convenient industrial access. Rail infrastructure runs immediately behind the property, providing potential strategic value for industrial and distribution users. Buyer to verify rail access, service availability, and use rights. The neighboring property at 1111 S Leech Street, currently occupied by Cintas, is also available for purchase. The seller will consider a package transaction for both properties, providing buyers the opportunity to acquire adjacent industrial assets with a combination of existing income and future operational or investment flexibility.

1119 S Leech St, Hobbs

Listing courtesy of Found Real Estate.

$1,200,000
20245732 MLS
Dunnam Apartments offers a unique multifamily and value-add opportunity in Hobbs, New Mexico. The property includes 15 existing apartment units along with substantial ground-floor space offering potential for commercial, office, storage, or other permitted uses. The property reported $164,250 in rental income during 2025, providing strong in-place income from the existing multifamily operation. The current rent roll reflects primarily one-bedroom units with rents generally around $900$1,000 per month. The ground floor provides an additional value-add component. A prior residential buildout of portions of this space was started but was not completed or approved for occupancy. The area could be positioned as commercial/flex space. This combination of existing multifamily income and underutilized ground-floor space provides multiple paths for a future owner to increase the property's performance through rent growth, commercial utilization, or other approved repositioning. Located in central Hobbs, Dunnam Apartments provides an opportunity to acquire an established income-producing multifamily property with additional space and meaningful value-add potential.

210 W Dunnam St, Hobbs

Listing courtesy of Found Real Estate.

$1,900,000
20242903 MLS
45-site RV park situated on approximately 24.14 acres in Lovington, New Mexico. This established property combines an operating RV park with substantial additional acreage, offering current income potential along with significant long-term expansion and development upside. The property features existing RV infrastructure with city utilities and a history of strong occupancy. The large T-shaped tract provides substantial room for potential additional RV sites, storage, or other complementary development, subject to applicable approvals and utility capacity. Located in Lea County and the Permian Basin, the property is positioned to serve workforce, long-term and transient RV demand throughout the region. With 45 existing sites already in place and considerable acreage included, a purchaser has the opportunity to acquire an established operation with meaningful room for future growth.

103 S 17th St, Lovington

Listing courtesy of Found Real Estate.

$950,000
20263060 MLS
Located in the heart of Hobbs, this exceptioal 17,000 sq ft commercial property offers endless possibilities for ministry, business, education, event space, or redevelopment. Established for over 50 years as a thriving church, the property features a spacious 3,200 sq. ft. sanctuary, mulitple office spaces, numerous classrooms, a full kitchen, fellowship hall, and a designated area ideal for a coffee shop or cafe concept. Situated on a large lot with ample parking, this well maintained property provides flexibility for a variety of uses including community center, school, event venue, office conversion, or continued religious use. A rare opportunity to own a landmark property with strong community presence and incredible potential in a prime Hobbs location.

2714 N Dal Paso St, Hobbs

Listing courtesy of United Realty, LLC - Hobbs.

$660,000
20256757 MLS
LOCATION, LOCATION, LOCATION! This high traffic corner lot may be a perfect fit for your business. Easy accessibility from both Lea and Normandy Street with plenty of parking. Former convenience store & laundry mat. Convenience store includes 2 walk in coolers, 1 produce cold case, 1 meat/cheese cold case, 1 frozen food case, 1 walk in freezer, ice maker, ice freezer, drive through window, shelving and small private office space. Ready to start your own business? Can't beat these spaces. Call Lanette Rostro for more information.

1011 W Lea St, Carlsbad

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

$325,000
20244903 MLS
Don't miss the opportunity to purchase this commercial property featuring two separate office spaces. The front portion offers store front windows and sits facing Main Street with up to 6 private offices and 2 bathrooms. The back portion has two private entrances and has up to 3 offices and one bathroom. This building offers flexibility and functionality to accommodate a range of professional uses. Call Carin (575-616-1401) or Hannah (575-513-9192) today to schedule a viewing and see how this property can meet your business needs!

702 W Main St, Artesia

Listing courtesy of Century 21 Black Gold.

$95,000
20244660 MLS
Commercial space, with great mainstreet frontage! Dual overhead doors, heated shop space, updated electrical panel with 3 phase capability. The building is cinderblock construction, with propanel & rolled roofing. The office and reception area is clean, with nice windows, a single bathroom, and good lighting. This building would be great as an auto shop, a welding shop, wood shop, man-cave, or anything that requires large overhead doors. Located in beautiful downtown Raton, this space is definately one to consider. Opportunity Zone! Call Home Associates today for more info!

428 N 2nd St, Raton

Listing courtesy of Home Associates, Inc.

$1,550
20243378 MLS
FOR RENT: Large commercial office space located right on Main Street in central Artesia. The building has up to 6 offices, a reception area and 2 bathrooms. Rent is $1,550/month and all utilities are included. Deposit of $1,300 due at signing of the lease. Prospective tenants must apply and pass the application process. Call Carin or Hannah at 575-231-2252 today for your private showing.

702 W Main St, Artesia

Listing courtesy of Century 21 Black Gold.

$235,000
20233002 MLS
Prime Commercial Investment Opportunity on Highway 87 Excellent income-producing commercial property located on Highway 87, the busiest road in town, offering outstanding visibility and consistent traffic flow. This well-positioned corner lot provides excellent exposure for any business and includes a dedicated parking lot for convenient off-road parking. The building features over 2,400 square feet of versatile commercial space and has successfully operated as both a restaurant and retail business, offering flexibility for a variety of future uses. Ideally situated just 5 minutes from the I-25 exit, the property is surrounded by established businesses including fast food restaurants, motels, gas stations, and other high-traffic amenities, making it a prime location for continued commercial success. This property is currently leased under a triple net (NNN) lease with a 3-year term, providing an immediate income-producing investment opportunity for buyers seeking a strong location with reliable tenant occupancy. With its high-visibility corner location, strong traffic counts, ample parking, and established commercial history, this property offers endless possibilities for investors and business owners alike. If youre looking for a place to invest along the main business corridor, this is the road to be on.

215 Clayton, Raton

Listing courtesy of Realty One Of New Mexico - Raton.

$550,000
20232424 MLS

1620 Pine St, Silver City

Listing courtesy of Mimbres Realty, Inc.

$606,000
20232465 MLS

444 E Brasher, Roswell

Listing courtesy of Manatt & Company Realtors.

$375,000
20226091 MLS
Great Office Location in the Heart of Las Vegas, NM. Home Health, Law Office or you business. Has cottage in the back with kitchen space and bathroom. There is a large metal building for extra storage. THE MAIN BUILDING HAS SEVERAL OFFICES, PLENTY OF STORAGE SPACE AND GOOD LIGHT. GATED TO THE STREET. CLOSE TO SCHOOLS, UNIVERSITY, MEDICAL, SHOPPING, ENTERTAINMENT, RESTAURANTS AND HOTELS. THE PICTURES GIVE YOU AN IDEA OF THE LAYOUT OF THE ROOMS. There is an encroachment of boundary lines between 1118 and 1116. The information provided is deemed correct, but the Buyer will have a due diligence period to check out the property to the buyers satisfaction.

1118 National Medical Set-Up St, Las Vegas

Listing courtesy of Duke Realty Group.

$895,000
20226090 MLS
WESTWARD HO, LLC & HOMESTEAD COMPOUND, LLC 7.2-+, ACRES. PART OF TRACT B. Approximate location on Frontage Road, 4+- miles north of Las Vegas, NM. High visibility from I-25. One hour from Santa Fe and 3 hours to the Colorado Border; these are estimated times for both. DESCRIPTION OF PROPERTY: Building Sizes: 100x50, 40x48, 29x48. Cement floors, wooden rafters. Large front sliding doors for easy access. Bathroom Block Building: 3 women's stalls and 3 men's stalls, with showers. RV Spaces: 20-3050-amp -20 spaces, 3 long-term spaces. Great views of the Sangre de Cristo Mountains. City Water and Natural Gas. SEPTIC TANKS. Two bunker buildings, 20 feet high, 250 feet long. Weight station, 79 Ft Pad. Water Tank, USED when the well was in use and operative. Outside loading dock. LOOK IN DOCUMENTS ATTACHED BELOW TO SEE OUTLINE OF THE PROPERTY FOR SALE. Full Disclosure: Owner/New Mexico Broker. This is a 1031 Exchange or Cash Purchase. Before showing, please email a Pre-Qualification Letter from the Bank, or the Buyer's loan office. Have Questions? Call K. Duke at 505.429.1523. Seller/Owner is a New Mexico Real Estate Broker. kd@dukerg.com

857 #86 Hwy 2142 St, Las Vegas

Listing courtesy of Duke Realty Group.