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Commercial Land for Sale in Santa Teresa, New Mexico
4800 Ray Ward Pl, Santa Teresa, NM 88008
$240,000
1.4 acres
Active
$35k drop
Est $1,771/moThis exceptional 1.4-acre corner lot offers a rare opportunity in a high-visibility location at the intersection of Ray Ward and McNutt Road. Zoned Commercial, the property is ideally suited for a wide range of development opportunities. With all utilities in place and ready for construction, this lot provides a seamless path to bring your project to life-whether it be retail, office, medical, or other commercial ventures. The corner frontage ensures maximum exposure and accessibility, making it an outstanding investment for businesses seeking strong visibility and traffic flow.
Location
- Street address
- 4800 Ray Ward Pl
- County
- Doña Ana County
- Elevation
- 3,803 feet
Property details
- Acreage
- 1.4 acres
- Zoning
- C1
- MLS #
- GEPAR 931547
- Posted
Property taxes
- 2025
- $1,592 - Subd: RAY WARD SUBDIVISION (BK 20 PG 371-372 - 0324468) Lot: 1 Block: 2 S: 26 T: 28S R: 3E
Parcels
- R1603870
Legal description
Subd: RAY WARD SUBDIVISION (BK 20 PG 371-372 - 0324468) Lot: 1 Block: 2 S: 26 T: 28S R: 3E
Details and features
Listing
- Type
- Land
Structure
- Water
- Public
- Sewer
- Public Sewer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 10, 2025 | Price drop | $240,000 | $35,000 -12.7% | GEPAR |
| Nov 3, 2025 | Price drop | $275,000 | $20,000 -6.8% | GEPAR |
| Oct 7, 2025 | New listing | $295,000 | — | GEPAR |
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