Commercial Real Estate in New Mexico available for sale
Investment Properties For Sale

Investment Properties for Sale in New Mexico, USA

More details for 1403-1509 W Hank Ave, Artesia, NM - Multifamily for Sale

W Hank Quadplexes (9% Cap Rate) - 1403-1509 W Hank Ave

Artesia, NM 88210

  • Investment Property
  • Multifamily for Sale
  • $1,911,341 CAD
  • 15,795 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen
  • Smoke Detector

Artesia Multifamily for Sale

$69,600 Average Price Per Unit ~7.5% Trailing Cap Rate (NOI Includes Insurance and Property Taxes) Excellent opportunity to acquire a 5-building, 20-unit multifamily portfolio consisting of quadplexes located on W Hank Ave in Artesia, NM. The portfolio features a diverse unit mix of 1-, 2-, and 3-bedroom apartments, supporting broad tenant demand and stable occupancy. The portfolio is currently producing approximately $105K in trailing 12-month Net Operating Income, equating to an in-place cap rate of ~7.5% based on actual operating history. Most units have been remodeled, and split HVAC systems were installed in 2024–2025 across the majority of units, reducing near-term capital expenditure needs and improving operating efficiency. Tenants pay for electric and gas (individually metered by unit). Ownership is responsible for water only, which is master-metered and averages approximately $120–$130 per building per month. Recurring pet rent is charged at $25 per pet per month. Non-refundable pet fees are excluded from NOI. Insurance ranged from $2900-$3300 per quadplex. Property Taxes currently are $584 a year per quadplex. Properties are offered individually or as a portfolio. Buildings are listed separately on MLS due to ownership structure (all have common ownership). Portfolio addresses include 1403, 1407, 1501, 1505, and 1509 W Hank Ave only. No other quadplexes on Hank Ave are included in this offering to sellers’ knowledge. Financing: Seller does not offer creative financing or seller/owner financing. Property will be conveyed via cash purchase or buyer-arranged third-party financing (bank, lender, or institutional financing).

Contacts:

SNAC Holdings LLC

HARWELL & ASSOCIATES REAL ESTATE

Property Subtype:

Apartment

Date on Market:

2025-12-16

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More details for TBD Conocito pl, Las Cruces, NM - Land for Sale

TBD Conocito Pl - TBD Conocito pl

Las Cruces, NM 88012

  • Investment Property
  • Land for Sale
  • $446,254 CAD
  • 2.67 AC Lot
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More details for 2802 Corte Dios, Las Cruces, NM - Health Care for Sale

Haciendas at Grace Village - 2802 Corte Dios

Las Cruces, NM 88011

  • Investment Property
  • Health Care for Sale
  • $15,708,150 CAD
  • 24,484 SF
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More details for 86th & Bridge, Albuquerque, NM - Land for Sale

West Mesa Town Home Lots - 86th & Bridge

Albuquerque, NM 87121

  • Investment Property
  • Land for Sale
  • $1,366,225 CAD
  • 4.52 AC Lot
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More details for 1042 Clayton, Raton, NM - Land for Sale

1042 Clayton

Raton, NM 87740

  • Investment Property
  • Land for Sale
  • $391,331 CAD
  • 2 AC Lot
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More details for 615 Iron Ave SW, Albuquerque, NM - Multifamily for Sale

Built 2024 Modern Apartments - 615 Iron Ave SW

Albuquerque, NM 87102

  • Investment Property
  • Multifamily for Sale
  • $2,196,944 CAD
  • 6,148 SF
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More details for 950 4th St NW, Albuquerque, NM - Multifamily for Sale

Anthea @ The Granite + Ground Floor Value-Add - 950 4th St NW

Albuquerque, NM 87102

  • Investment Property
  • Multifamily for Sale
  • $6,178,905 CAD
  • 33,312 SF
  • Fitness Center
  • Conference Rooms

Albuquerque Multifamily for Sale - Downtown

Anthea @ The Granite 950 4th Street NW is a three-story property spanning approximately 33,312 square feet and comprised of 23 residential multifamily units. The property was built in 2014 and sits on a 0.9-acre lot zoned for mixed-use; it is subject to a 50-year ground lease with options to 70 years. Anthea features ADA-compliant elevators, a main lobby, and a manager's office. Common amenities include an exercise facility, a conference room, a business center, housekeeping, and a secure, fenced parking area. Floors two and three host the 23 one-, two-, and three-bedroom apartments. It could be delivered vacant, or existing occupants could stay for interim income. Each unit has a full kitchen, a washer, a dryer, stainless steel appliances, and an outside patio. Some units are fully furnished and have contemporary furniture.    Upside Opportunities  One of this asset's highest and best uses would be for organizations in specialized healthcare treatment, assisted living, alternative housing, veterans assistance, senior housing, and adjacent sectors. Anthea’s vacant ground floor has tremendous potential for a value-add improvement plan or renovation. The floor spans 7,950 square feet and could be used to add to the multifamily component with room for 11 additional units. The vacancy is also a great place to house a treatment center, lab space, commercial kitchen, office space, or common amenities that can aid residents Utilities have already been stubbed in for a commercial kitchen, large customer restrooms, and a layout for executive suites. The cost conversion of the property to conform to any organization’s target demographic is offset by the competitive asking price. Since 2019, multifamily properties in the Albuquerque market built after 2014 sold for an average price of over $218,000 per unit. Anthea @ The Granite is priced at $186,000 per unit for the 23 units and $85 per square foot for the vacant ground floor, well below today’s replacement cost, especially given the impact of high construction costs and interest rates.    Learn About the Location NOLO (North of Lomas) is the north downtown district of Albuquerque. It’s characterized by trendy breweries, boutiques, local services, and beloved restaurants. The district is a short walk from Downtown Albuquerque and Central Avenue, the city’s predominant commercial, cultural, and culinary corridor. Some of the destinations tenants can walk to in 15 minutes include Lowe’s Supermarket, several parks, over 20 restaurants, and Marble Brewery, the largest brewery in Albuquerque. Make a mark in Albuquerque with a multifaceted asset positioned in a popular area by acquiring Anthea @ The Granite today. Get in touch.

Contact:

Colliers New Mexico

Property Subtype:

Apartment

Date on Market:

2019-12-16

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More details for 5-Home Residential Care Lease Option – Health Care for Sale

5-Home Residential Care Lease Option

  • Investment Property
  • Health Care for Sale
  • Price Upon Request
  • 13,262 SF
  • 5 Health Care Properties

Portfolio of properties for Sale - West Mesa

CONFIDENTIAL OPPORTUNITY – TURNKEY RESIDENTIAL MEMORY CARE PORTFOLIO Albuquerque, New Mexico A rare opportunity exists to assume operations and lease a stabilized, licensed residential assisted living portfolio in the Albuquerque market. This offering is structured as a master lease opportunity for qualified operators seeking immediate scale in the residential memory care space. The portfolio consists of five purpose-configured 6-bed residential assisted living homes (30 licensed beds total), currently operating with approximately 85% occupancy, trained staff in place, and established systems and procedures. The ownership group’s preference is to lease all five homes as a portfolio under a single master operator. This is not a startup opportunity. This is an operational platform transition. THE OPPORTUNITY • Five residential assisted living homes with the potential for a sixth home • 30 total licensed beds under the five home model and 36 beds with a sixth home • Private-pay model • Approximately 85% occupancy • Established referral relationships • Trained caregiving staff in place • Operating policies, procedures, and systems • Strong brand history in the market 30+years • Turnkey transition structure available An incoming operator may assume the existing operation and continue operating under current licensure (subject to regulatory approval), or transition to their own brand and license structure depending on qualifications and regulatory pathway. This opportunity allows a qualified operator to bypass the typical 18–24 month startup timeline associated with residential assisted living development, licensing, staffing, and census stabilization. NNN Structure: Operator responsible for property taxes, insurance, utilities, maintenance, staffing, regulatory compliance, and all operational costs. Ownership’s goal is full operational transfer. The landlord will not remain involved in day-to-day management. Please contact listing broker for additional details.

Contact:

Tim Lopez Group

Date on Market:

2026-02-11

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More details for US Hwy 285 and El Lobo rd, Loving, NM - Land for Sale

11.55 +/- AC of High-Visibility Commercial La - US Hwy 285 and El Lobo rd

Loving, NM 88256

  • Investment Property
  • Land for Sale
  • Price Upon Request
  • 11.55 AC Lot
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More details for 7 Private Drive, Dixon, NM - Specialty for Sale

63-Acre Mixed-Use Redevelopment - Former Hosp - 7 Private Drive

Dixon, NM 87527

  • Investment Property
  • Specialty for Sale
  • $1,318,166 CAD
  • 35,000 SF

Dixon Specialty for Sale

7 Private Drive #1102, Dixon, NM 87527 - 63-Acre Mixed-Use Redevelopment Opportunity in the Rio Grande Valley WHO THIS PROPERTY IS FOR: RV PARK / MOBILE HOME PARK OPERATOR: 63 acres with two strong wells, septic systems, and power infrastructure already on-site. Sewer treatment facility in place. Commercial overlay allows RV park or MH park development. Massive demand from outdoor recreation tourists - fishing, boating, canoeing, and hiking along the Rio Grande. Adjacent to Vivac Winery draws visitors year-round. Five existing houses provide immediate manager/staff housing or rental income during buildout. WELLNESS / REHAB CAMPUS OPERATOR: Former hospital and clinic buildings total 35,000+ SF with large floor plans ready for adaptive reuse. Ideal for behavioral health, addiction treatment, assisted living, or retreat center. Remote Rio Grande Valley setting between Taos and Hernandez provides the seclusion wellness operators seek. Five detached houses for staff quarters. Two wells, septic, and power in place. Commercial overlay supports healthcare and institutional use. RESIDENTIAL DEVELOPER / CONDO CONVERTER: Five existing houses plus a former hospital building offer multiple paths to residential density. Condoize the hospital into 10-20+ units. Rehabilitate the five houses as standalone rentals or sales. 63 acres provides room for additional development. Grandfathered structures may provide zoning advantages. At $27/SF for 35,000 SF of existing building, the basis is extraordinary for redevelopment. HOSPITALITY / SHORT-TERM RENTAL OPERATOR: Next to Vivac Winery, one of New Mexico's premier wineries. Steps from historic Embudo Station. Rio Grande Valley location offers world-class fishing, boating, canoeing, and hiking. Mountain views from the property. Five houses could become vacation rentals immediately after renovation. Hospital building could convert to boutique lodge or event space. Strong tourism corridor between Santa Fe and Taos. PROPERTY HIGHLIGHTS: 63 acres in the scenic Rio Grande Valley. Former hospital, clinic, and dental office (35,000+ SF). Five detached houses. Two strong wells. Sewer treatment facility. Power infrastructure in place. Commercial overlay. Adjacent to Vivac Winery. Near historic Embudo Station. Rio Grande fishing, boating, canoeing, hiking access. Mountain views. Between Taos and Santa Fe. Sold as-is. Cash or new loan. $960,000.

Contact:

Santa Fe Realty Unlimited

Date on Market:

2026-03-14

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More details for 223 & 225 Johnson St., Santa Fe, NM - Retail for Sale

Restaurant/Retail Space in Downtown Santa Fe - 223 & 225 Johnson St.

Santa Fe, NM 87501

  • Investment Property
  • Retail for Sale
  • $2,677,526 CAD
  • 3,000 SF
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More details for 1791 Hwy 173, Navajo Dam, NM - Hospitality for Sale

Abe's Motel and Fly Shop - 1791 Hwy 173

Navajo Dam, NM 87419

  • Investment Property
  • Hospitality for Sale
  • $3,261,089 CAD
  • 16,543 SF
  • Restaurant

Navajo Dam Hospitality for Sale

Abe’s Motel and Fly Shop has been a staple of the NM fly fishing scene on the trout mecca that is the Quality Waters of the San Juan river since 1958. This successful family-owned business includes a fly shop, motel, RV park, grocery store, gas station, restaurant and lounge conveniently located just below the Navajo Dam in northern NM. Liquor license included. Land Abe’s is located on 8.11 acres in the high desert beauty of San Juan County, NM. Surrounded by sage brush and pinion-covered high mesas, cliffs, and valleys, the sunrises and sunsets are breathtaking with colors that have to be seen to be believed. Improvements This iconic family business includes a fully-stocked fly shop, a 56-room motel, RV park, grocery store, gas station, restaurant, bar and lounge. Also included in the sale is a 3 bedroom, 2 bath on-site cottage with approximately 1500 sq ft of living space. Abe’s is ready for a new owner to make this place their own dream come true. It is set up and ready for an easy transition into re-opening. This property would be ideal for Airbnb and or VRBO. The location is ideal for all the fishermen and women who come to this world-renowned area, which is why the business has been successful for more than six decades. The rooms will come as shown including all furnishings, linens, and towels. The restaurant was one of the few in the area, and a popular spot for those traveling through, staying onsite or spending the day fishing. The restaurant was well known for their box lunches, which were a favorite of fishermen who needed something on the go. The lounge is a wonderful gathering spot for after a long day of fishing. It’s a place to come together with your friends or meet new ones, and share the stories the day has brought. It is a cozy and comfortable place decorated with pictures and heirlooms of Abe’s history. The fly shop has everything an angler would need and want for a trip to the San Juan or the reservoir. It’s the place to come with for fishing advice and to make sure you’ve got the right fly for the season. The shop also offered small grocery items and necessities. Being one of the only shops around, Abe’s truly was a one stop shop for any angler. *Buyer to verify all dimensions and measurements. The 1951 GMC truck and drift boat do not convey with the property. Recreation Only a short drive away from the infamous, but relatively remote Quality Waters of the San Juan River and Navajo Dam, Abe’s is in an ideal location to capitalize on all the fishing, lodging, and dining needs of the throngs of visitors who frequent the river and the reservoir. General Operations The motel offers a variety of room configurations and sizes, including 1, 2, and 3 bed options with kitchenettes and a 2 double bed room with no kitchenette option. The fly shop comes fully stocked with high quality products including waders, wading boots, rods, and reels from companies such as Orvis, Umpqua, Aqua Design, Rio, and more, plus one of the largest fly selections in the area featuring specialized patterns developed for and proven on the San Juan. A full fleet of rental gear also conveys in the sale. The RV park includes 16 full hookup spaces and is able to accommodate RVs of any size. Please contact listing agent for financial information regarding the business. History The history of Abe’s goes back over 60 years to 1958. When Abe and Patsy Chavez pioneered a masterpiece which was able to accommodate anglers with all they would need. Abe and Patsy moved to Navajo Dam & started their business before the dam was built and dedicated in 1962. They each have deep family roots in northern New Mexico and southern Colorado with family histories dating back several hundred years. The young couple provided services to the dam construction workers and later to fishermen and sportsmen visiting the San Juan. Once the dam was completed in 1962 the San Juan River became one of the finest trout fishing resources in the country. Rainbow and Brown trout were stocked in the San Juan following the construction of the dam. The low water temperatures, typically low 40’s near the dam, clear water and abundant trout food sources made the San Juan River into a fabulous fishery. During the 1960’s it became clear that the San Juan would be a very special place therefore, the State of New Mexico set aside about 3.5 miles of river immediately below the dam as “Quality Water”. Today this is the Special Trout Water section in the NM Fishing Proclamation. As Abe’s grew, the needs of sportsmen continued including a Motel, Grocery store, RV park, Fishing Guide services, Boat Storage, Restaurant and Lounge . Their business prospered and became a popular family business with each of their children working in the fishing business. Their love and passion for people, family and fishing was evident in their hospitality and dedication. Abe’s has hosted world renown fishers and photographers from around the world. The rich history and love that is a part of Abe’s Motel and Fly Shop will continue to grace and bless the hands of the new owner. Location It has been said that trout only live in beautiful places. The San Juan River that flows through the high desert of Northern New Mexico only offers credence to the quote. From its humble origin high on the snow-capped peaks of the San Juan Mountains of Colorado, its crystal clear waters tumble and cascade down remote canyons and rocky mountainsides, until it is gathered and harnessed in its impoundment of Navajo Lake, straddling the border of two great western states. The release from deep behind the high walls of the dam that hold these waters in restraint and issue forth— gin clear, highly oxygenated, and nutrient rich, provide a perfect habitat for the trout below. It is a place that fly fishermen dream about, when they dream about places to fish. ?If it only offered beautiful, healthy fish that number in the thousands, then the San Juan would be enough to earn its accolades as one of the top destinations to fish in the U.S. But there are more; far more, reasons that make this river a Mecca for trout fishermen the world over. Its broad flats, interspersed with deep pools, runs, tailouts, and eddies, make it one of the most wade-friendly rivers in the West. The predictable and controlled consistent flows also create a tailwater fishery that is a pleasure to float by driftboat, without encountering anything beyond intermediate class waters, unlike many other well known western rivers. And then there is the scenery—miles of it. Picture gin clear water flowing between the bluffs of high mesas, dotted with pinon pine and juniper, changing in color as the sun makes its arc through a bluebird New Mexico sky. Picture the home of ospreys, eagles, and great blue herons along the banks of a river in the high desert, lined with giant cottonwoods and willows. Picture the home of mule deer, elk, river otters, beaver, coyotes, and mountain lions.

Contact:

Hayden Outdoors

Property Subtype:

Hotel

Date on Market:

2024-04-08

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