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Live, Work, Play in Elephant Butte! 779 NM-181 5,906 SF Office Building Elephant Butte, NM 87935 $594,667 CAD ($100.69 CAD/SF)
Investment Highlights
- Great Location
- ± 1 Acre
- Located 2.9 miles west of Marina Del Sur at the lake and 2 miles from I-25 interchange.
- Office & Warehouse
- 4 buildings totalling +/-5,906 SF
- Excellent shop for automotive or woodworking hobbies or construction trades.
Executive Summary
Office has porcelain tile throughout, full kitchen, ADA bathroom with plumbing to add a shower, 2 private offices and a conference room. The walls are beautifully textured. There is a washer dryer hook up and canister lighting as well. Shop with 8 foot clear height on both sides, 9'9" clear height in the center. Excellent shop for automotive or woodworking hobbies or construction trades. The property is fenced on a full acre with well 167 ft deep and septic (which was installed to code in 2017 but not permitted). Two sheds: 1,225 SF (11ft tall in the center and wired for electric) and 500 SF (divided into 2 sections with a selection of vintage postcards). Power provided by Sierra Electric for about $200 mo. There's a propane tank of 500 gallons which when full will last all year. Estimated cost of $1,600 to operate the water heater, etc. Located 2.9 miles west of Marina Del Sur at the lake and 2 miles from I-25 interchange.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,906 SF
Building Class
C
Year Built
2016
Price
$594,667 CAD
Price Per SF
$100.69 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,906 SF
Building FAR
0.14
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Amenities
- Fenced Lot
- Storage Space
1 1
Property Taxes
| Parcel Number | 3021075254404 | Improvements Assessment | $65,735 CAD (2025) |
| Land Assessment | $17,072 CAD (2025) | Total Assessment | $82,806 CAD (2025) |
Property Taxes
Parcel Number
3021075254404
Land Assessment
$17,072 CAD (2025)
Improvements Assessment
$65,735 CAD (2025)
Total Assessment
$82,806 CAD (2025)
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Live, Work, Play in Elephant Butte! | 779 NM-181
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