Mixed-Use Land for Sale in Elephant Butte, New Mexico
1201 New Mexico 195, Elephant Butte, NM 87935
Prime commercial opportunity in the growing Elephant Butte, New Mexico area! This .46-acre vacant parcel offers exceptional visibility and easy access right off the frontage road, making it an ideal location for a wide variety of business ventures. Perfectly positioned near Elephant Butte Lake, this property benefits from steady traffic and recreational tourism year-round. The lot is fully fenced, providing added security and clearly defined boundaries. With utilities nearby and ample space for development, this site presents a rare chance to establish your business in one of southern New Mexico's popular destination communities. Excellent potential for retail, service, storage, or investment. Don't miss this strategic location with endless possibilities!
Location
- Street address
- 1201 New Mexico 195
- County
- Sierra County
- Community
- Sierra
- Elevation
- 4,574 feet
Property details
- Lot size
- 0.46 acres20,038 sq ft
- Zoning
- C-1
- MLS #
- SWMLS 1098150
- Posted
Property taxes
- Recent
- $378
Parcels
- 3020074482054
Details and features
Listing
- Type
- Residential
Exterior
- Parking Spaces
- 20
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 27, 2026 | Price drop | $65,000 | $20,000 -23.5% | SWMLS |
| Feb 11, 2026 | New listing | $85,000 | — | SWMLS |