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$300,000
2 Beds 1 Baths 20261992 MLS
Great opportunity for investors or buyers looking to create value! This unique property package includes a primary home plus two additional houses centrally located in the heart of town. Each structure is in need of repairs and updates, offering a blank canvas for renovation, rental income potential, or multi-generational living. Conveniently positioned near shopping, dining, schools, and everyday amenities, the location is a standout feature-making future resale or rental highly attractive. Whether you're looking to restore the homes to their full potential, develop income-producing properties, or take on your next renovation project, this property offers endless possibilities. Bring your vision and transform this multi-home investment into something special! Contact your favorite Realtor for a private tour. Tenant Rights Apply so please allow 24 hour notice

1033 N Mesa St, Carlsbad

Listing courtesy of Century 21 Dunagan Associates.

$350,000
20257242 MLS
Introducing a commercial building with endless possibilities! This property, previously a pharmacy, was built in 1983 and sits on a corner lot, offering plenty of visibility. The large retail space comes equipped with 2 storage rooms and 1 bathroom, with an option to add a second. In addition, there is an in-floor safe, perfect for storing valuables. This building boasts plenty of natural lighting thanks to the passive solar design. With parking available for 9 vehicles, your customers will have no trouble finding a spot. The location is ideal for retail or the possibility of turning it into a restaurant. Situated in the heart of the medical district, the hospital, dialysis clinic, 3 healthcare offices, and a dental office are all nearby. County offices including a district court are just around the corner, as well as a grocery store. The central location also provides easy access to several neighborhoods. Do not miss out on this amazing opportunity to establish your business in a prime location. Contact us today to set up a viewing!

1000 E Roosevelt Ave, Grants

Listing courtesy of RE/MAX Elegance.

$360,000
20261919 MLS
This property offers endless possibilities! The 7,200-square-foot insulated shop with three HVAC units is ideal for running a business, pursuing hobbies, or storing cars, RVs, motorhomes, ATVswhatever you need. It could also be transformed into an incredible home or man cave. Additional features include storage buildings, a small set of stalls, extra covered parking spaces, its own electric meter, septic system, and well. The back of the shop has a covered RV parking pad, and with nearly two acres, theres plenty of space to enjoy. A recorded easement on the west side provides access via a private driveway. The well requires a new pump and some work. The house in front is not included in this sales price but it is listed on another listing with the shop for $875,000 with a total of 4 acres. . Contact me at 575-748-9735 or your favorite realtor to check it out!

27 W Compress, Artesia

Listing courtesy of Lois Oliver Real Estate.

$360,000
20261880 MLS
The property consists of 40+ Acres of total seclusion, the property is bordered on the east side by a very large ranch and the property is bordered on the west side by Bureau of Land Management property that is state owned thus this property will have no encroachments on any side of it. The property did have 3 old trailer houses on it that have been removed and the site has been environmentally cleaned and cleared according to state regulations. The property has electric service, (Two Meter Poles). Property does not have a water well or septic installation, leaving options open for building locations. There is a nice cattle guard at the entrance to the property on Highway 90. This property offers the opportunity to build your home and barns with a great view and away from the highway. There is wildlife on the property. If you are looking to get away from the city, this is the place for you.

2402 Hwy 90, Silver City

Listing courtesy of Listwithfreedom.Com.

$323,000
20257282 MLS
Welcome to your own slice of paradise in the renowned gated Ticonderoga subdivision of Northern NM. This expansive 71-acre property offers a rare opportunity to own a piece of land surrounded by 400 acres of conservation easement along the stunning Chaves Creek. Additionally, the conservation easement ensures the preservation of the natural beauty and wildlife habitat of the area, creating a sustainable environment for generations to come. By owning this property, you become a steward of this remarkable landscape, contributing to the protection of Northern NM's natural places. This property has expansive views all the way to Heron Lake. Opportunities for mountain biking, and hiking await, allowing you to discover the hidden gems of the surrounding landscape. There are fishing ponds and the Chavez Creek waiting for you to cast a line. This property is not only a paradise for outdoor enthusiasts but also an ideal location for your mountain getaway or year-round residence. Experience the peace and tranquility that comes with owning a piece of land in this beautiful setting. Enjoy the seclusion and privacy that the expansive acreage provides while still being within reach of modern conveniences and nearby towns. Don't miss this incredible opportunity to own a 71-acre property in the Ticonderoga subdivision, where nature's beauty and recreational possibilities await. Create lasting memories as you explore, relax, and embrace the serenity of this magnificent land. Whether you seek a mountain getaway or a year-round residence, this property offers the perfect blend of tranquility and adventure.

Ticonderoga Drive Dr, Chama

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

$400,000
20262984 MLS
Looking to own or lease a business space on Downtown Main Street? Owner will also consider owner financing. Step into the possibilities with this 2-story commercial landmark located in the heart of downtown Main Street. Originally built in 1917, this impressive brick building blends timeless character with exceptional potential in a thriving, rejuvenated downtown district surrounded by established businesses, restaurants, retail, and community activity. Offering approximately 6,500 square feet on both the first and second floors, plus an additional basement area for storage or utility use, the property provides an abundance of flexible space for a wide range of commercial ventures. Large street-facing retail display windows create excellent visibility and natural light, making the main level ideal for retail, restaurant, office, gallery, entertainment, or mixed-use concepts. Upstairs, the expansive second floor opens the door to numerous possibilities, including office suites, event space, studios, or potential apartment or loft-style residential development, subject to city approval. High ceilings, historic architectural details, and the building's classic brick exterior provide the charm and authenticity increasingly sought after in downtown properties. Whether you are an investor, entrepreneur, or developer looking for a signature property with room to grow, this downtown gem offers space, character, and opportunity in one of the area's most active and revitalized business corridors.

318 N Main St, Clovis

Listing courtesy of Town & Country Real Estate, Inc..

$370,000
20262087 MLS
Introducing a prime commercial opportunity in Jal, New Mexico, located in the heart of the highly active Permian Basin. Situated just off the high-traffic Highway 128, this 2,400-square-foot building offers excellent visibility and accessibility for a wide range of business ventures. Set on over two acres of land, the property provides ample space for expansion, equipment, parking, or additional development. Its strategic location in a thriving energy corridor makes it an ideal investment for entrepreneurs or companies looking to capitalize on consistent regional activity. Whether you're starting a new operation or expanding an existing one, this versatile property offers the space, location, and potential to support your business goals.

207 E Kansas Ave, Jal

Listing courtesy of Elite Real Estate.

$325,000
20256448 MLS
Prime 80-acre tract located on Gill Road just minutes from Lovington, offering an exceptional opportunity for investment, development, or a private ranch-style homesite. This property features convenient county road frontage and wide-open space with endless potential. Ideally situated near town, the land provides easy access to local amenities, schools, and industry while still maintaining the privacy and flexibility of rural acreage. The size and layout make it well-suited for a variety of uses including residential development, ranchettes, agricultural use, or long-term investment. Utilities are in the area, and development in the surrounding vicinity continues to grow, adding to the propertys future value potential. The acreage offers plenty of room to customize improvements to meet your vision. Whether youre looking to build, invest, or explore subdivision possibilities, this property presents a rare opportunity in a desirable location. Buyer to verify zoning, utilities, and subdivision potential. 10 ACRES OF WATER RIGHT INCLUDED 325,000.00 without water rights $315,000

Gill Road, Lovington

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

$325,000
20260600 MLS
Mixed Use Property sits on the Main Corridor through Las Vegas, NM. Think of the possibilities! Built in 1933, since then the property has had a restaurant and front office. The two story front building has a 2nd floor bedroom and bath. First floor, kitchen, larger bathroom suite and several rooms to house your business. The rooms are light filled, and have access to a yard. Lots of parking. The second portion of the property housed the restaurant and two separate motel rooms this portion of the property needs upgrades in water, electric, and gas. Live in the front, open your business as you renovate the back buildings. Square Footage is approximate, Buyer should verify. Near medical, shopping, education, and restaurants. One hour from Santa Fe, NM and 3 hours from the Colorado Boarder.

1133 Grand, Las Vegas

Listing courtesy of Duke Realty Group.

$375,000
20262320 MLS
This prime commercial property offers 7,400 sq ft of versatile space, ideal for a variety of business operations. Featuring four roll-up doors, it ensures seamless access for loading, storage, or workspace flexibility. The building includes office space, providing a comfortable area for administrative needs. Positioned for convenience, this property boasts highway access, making it easily reachable for customers, employees, and deliveries. It operates on well water and a septic system, adding to its self-sufficiency. Sitting on 3.6 acres of fenced land, it offers ample outdoor space for equipment storage, parking, or potential expansion. A perfect opportunity for businesses seeking functionality, accessibility, and room to grow.

4301 Se Main St, Roswell

Listing courtesy of Century 21 Black Gold.