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Live, Work, Play in Elephant Butte

779 NM-181, Elephant Butte, NM 87935

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Overview

Located 2.9 miles west of Elephant Butte's Marina Del Sur at the lake and 2 miles from I-25 interchange.

  • Total SF: +/-5,906 (4 buildings)
  • 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. 
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Lease Spaces

NameFloorRateSFAcresFormer UseAvailable Date
Live, Work, Play in Elephant Butte5906$7.11 /SF/Year3,000 - 5,906 SF1 acWarehouse/Office01/01/2026

For Sale/Lease

Office
Industrial
Lease Rate
$7.11 SF/year
Available SF
3,000 - 5,906 SF
Sale Price
$435,000
Price Per SF
$73.7/SF
Building Size
5,906 SF
Office SF
1,181 SF
Warehouse SF
3,000 SF
Acres
1 ac
Zoning
C-1
Zoning Description
Commercial
Former Tenant
Construction Office
Expenses
$2.10 /SF
Tax Year (Base)
2024
Showing Instructions
Lockbox
Building Name
Home, Office, & Shop
Building Class
C
Floors
1
Submarket
Elephant Butte
Nearest MSA
Las Cruces
Tax ID Number
3021075254404
Property Status
Existing
Average Occupancy Rate
100%
Drive-In Number
1
Ceiling Height
8' 10"
Nearest Interstate
I-25 - 2 mi
Nearest Highway
HWY 181
Power Provider
Sierra Electric
Power
2 Phase
Sewer Provider
Private - Septic
Natural Gas Provider
Private - Propane
County
Sierra
Created
06/13/2025
Updated
01/06/2026
Listing ID
998f8db7
Parcel APN
3021075254404

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