West of Hwy 54 Real Estate | West of Hwy 54 Homes under $100,000 for Sale

First time on the market in 40 years and what a deal! 2 Huge Commercial Buildings with Hwy 70 frontage and is a high traffic area near Holloman Air Force Base. One building is 5000 square foot with endless possibilities. One area of the 5000 sq foot is a turn key resturant which includes all the commercial equipment which is clean including a two door M3 Turbo Air freezer/refrigerator, fryer, range hood, tables, signage and so much more. The back portion of the building used to be a night club with a large hall, several offices, makeup rooms, bar area, kitchen area, bathrooms, patio area, etc. Let your imagination and vision take over! There are also several large separate areas for offices, storage, businesses, or easily open it up for a huge section, and lots of income potential. Several AC's throughout the building and on top of the building. The second building has a kitchen area, large front room, bathroom and 5 office areas. Sliding doors with front porch area facing highway 70. Easy on and off highway access. 6000 gallon water holding tanks with pump house, 4 covered and protected water meters, 3 phase electric, septic and leech field. Very tall sign pole for the 5000 sq ft building, signage area for second building. Owner has maintained the building. Absolute Must See! Owner said make an offer!

20733 Us Hwy 70 Unit 20735, Alamogordo

$1,650,000

1 Beds ⋅ 1 Baths ⋅ 173223 MLS

Rick Rogers Auto & Equipment Repair is an established, fully operational business located in Cloudcroft, New Mexico. The business provides maintenance and repair services for automobiles, diesel vehicles, and industrial equipment. This is an excellent opportunity to acquire a going concern with an existing presence in the community. Upon acceptance of a satisfactory offer, the business equipment may be negotiated separately.

72 James Canyon Hwy, Cloudcroft

$745,000

1 Beds ⋅ 173206 MLS

Endless Opportunities!! A well-known Timberon staple, Connie’s Deli offers a turnkey commercial opportunity in the heart of the community. The property features an established storefront, ample parking, and strong local visibility. Ideal for continued deli operations, retail conversion, or a mixed-use business concept. A rare commercial find in Timberon’s mountain market with a solid structure built in 1979 and remodeled (approx.1856 sqft), existing utilities, sheds, equipment, water storage tank and ample parking reduce upfront development costs. Included in the sale is the (home built in 1963, approx. 768sqft) and property next door. Home can be used for either a home for the owner of the deli or as an airbnb. Buildings are located on 1.5 acres with 2 septics.. With limited commercial inventory in Timberon, this property delivers attractive potential for cash-flow, owner-operator use, or long-term appreciation.

1590 Sacramento Dr Unit 1586 Sacramento Dr., Timberon

$3,200,000

1 Beds ⋅ 173179 MLS

This property is a premier commercial acquisition at the intersection of Western Sports Events and Destination Agritourism. The model utilizes a world-class arena as a customer magnet, while the 16-space RV park acts as a high-margin hospitality anchor to capture overnight spending. The centerpiece is the 51,625 sq. ft. covered equestrian complex. This asset is fully operational and ready to generate revenue on Day 1.Year-Round Revenue: The 170' × 120' covered arena with premium sand footing eliminates weather risk for 52-week booking potential.Turnkey Capacity: Outfitted with 16 covered box stalls, rubber matting, Priefert feeding systems, wash racks, and five holding pens to host sanctioned regional competitions.Built-in Synergy: Lighted 60-foot round pen, tack storage, and feed facilities provide the setup needed to attract all levels of horseman. This could be a great place to anything from roping, horsemanship, or/and performance horse clinics. The 16-space RV park transforms the property into a profitable, self-contained resort destination.100% Captive Occupancy: Bundle tournament entry fees, stall rentals, and RV hookups (30/50-amp) to guarantee maximum lodging occupancy during event weekends."Horse Hotel" Stream: Capture highly profitable overnight transit revenue from cross-country horse haulers needing safe harbor for drivers and livestock.Low-Overhead Infrastructure: On-site shower and laundry facilities minimize operational costs while justifying top-tier nightly rates. Live Water & Rights: The Rio Peñasco provides year-round live water. Included water rights and two wells ensure low-cost water for heavy commercial use.Forest Boundary: Direct access to Lincoln National Forest trails drives mid-week RV bookings from recreational trail riders.GMU 34 Elk Tags: Historically receiving two elk tags, adding an immediate marketing angle for high-ticket autumn sportsman packages.Development Upside: Multiple elevated homesites allow you to build luxury rental cabins without disrupting ongoing commercial operations. Welcome to High Country Horse Ranch & Arena, a remarkable New Mexico equestrian estate where exceptional horse facilities, live water, and breathtaking mountain scenery come together to create a truly one-of-a-kind property. Whether you're looking for a private horse ranch, an event facility, a boarding operation, or an investment with multiple income streams, this turnkey ranch offers endless possibilities.

3705 US Hwy 82 Unit 3690 US Hwy 82, Mayhill

$600,000

1 Baths ⋅ 173057 MLS

Excellent opportunity to own a fully equipped auto body and paint shop. The building is handicap accessible. Property features an approximately 20' x 50' office area that includes reception /customer lounge and 2 bath rooms (one bathroom in the customer waiting area and the other in the service area). The shop includes 8 service bays-two-car deep - 4 bays for body work area (50'x50') and 4 bays for paint shop area (50'x50') and 2 down draft paint mixing rooms (25'x25' each). One extra-tall bay allows for servicing larger vehicles or trucks. Six bays have a 10x10 door and the last bay has a 10x12 door. The bolted to floor car-o-liner bench rack and the 2 air compressors convey. The back lot is fully fenced and goes to the alley (can hold approximately 60 cars) and can be accessed from the double gate in the front. This property is a well established collision repair, body, and paint business with ample workspace. It is a great opportunity for an owner-operator or investor looking to expand in the automotive service industry or it would also be a perfect building to store antique vehicles or other valuables that need climate control. This purchase price is for the real property only. The operating business is available for purchase separately for an additional price.

2769 N Florida AVE, Alamogordo

$377,777

172783 MLS

This commercial C-3 property offers lots of possibilities. It has a large reception area, conference rooms and 2 bathrooms. Plus, it has 3 cubicles which would be great for individual offices, private meeting rooms or counseling areas. On the south end there is a private entrance & office as well; the medical records metal storage cabinet in that room stays also. It has a kitchen with all the amenities & lots of cabinets. There is also a washer/dryer included which are in the back. Outside the back door are 3 large storage sheds, 12' x 10' each, which are also included. The lot is 60' x 150' with a driveway to the north of the building and places to park in the back.

1211 New York Ave, Alamogordo

$425,000

172549 MLS

LOCATION, LOCATION!!!! Positioned on the north end of Alamogordo, this 12-unit motel presents a rare opportunity for investors and entrepreneurs alike. With strong visibility and convenient access to major thoroughfares, the property is ideally situated to capture both local and through traffic. New businesses are growing all around this property, making it the perfect place to start your next big idea! The motel features twelve guest units along with attached living quarters—perfect for an on-site owner/operator or management setup. Whether you’re looking to continue operating as a hospitality business or reimagine the space, the layout and location offer outstanding flexibility. Zoned and positioned for future potential, this property lends itself well to redevelopment opportunities such as a strip mall, mixed-use space, or a small family-owned business venture. With growing demand in the area and ample room to expand or modernize, this is an investment with both immediate income potential and long-term upside. Don’t miss the chance to own a versatile commercial property in one of southern New Mexico’s steadily growing communities.

2615 N White Sands BLVD, Alamogordo

$320,000

1 Beds ⋅ 172547 MLS

On 2 Acres City water (not in every campsite or RV spot) Possible site for home with 2x 1000 gallon septic tanks in series with lids, risers and fitter connect to a 148" leach/ disposal field with inspection ports. Dump site (2x Septic tanks 1250 gallon holding tanks with high water alarm) No electric; can be run from pole setup across street to the property and we have granted permission to use the easement to run from the pole. Easy Access 14 RV sites (1 with water & Septic) ~25 campsites 4 water spigots Fire pits at each camp/ RV Site Area for volleyball/ horseshoes and other activities if wanted Community grilling area Both fuel tanks stay Cabin 1 Bed 1 Bath: With water and septic to it. All furnishings, features and appliances will stay. Water tank and generator stay with cabin

150 Malory Dr, Timberon

$450,000

1 Beds ⋅ 1 Baths ⋅ 172303 MLS

An exceptional opportunity awaits for business owners seeking a prime location. This well-established commercial property, formerly home to a successful business for over 20 years, is now available for its next chapter. Situated on over a quarter acre, the property offers approximately 3,867 square feet of versatile space, ideal for a variety of business uses. Features include ample parking, a private restroom with potential for a second, existing display cases, a built-in safe, and security bars for added protection. Whether you’re expanding or starting fresh, this location offers the space and opportunity to make it happen. Come take a look and imagine the possibilities.

1498 Tenth ST, Alamogordo

$650,000

1 Beds ⋅ 172140 MLS

Exceptional opportunity to own an established, income-producing RV park with on-site living quarters in Alamogordo, located in the scenic Tularosa Basin and just a short drive to Cloudcroft. Conveniently situated near White Sands National Park and Holloman Air Force Base, this property benefits from steady tourism, proximity to a large military community, and year-round visitor demand, making it a prime Southern New Mexico investment. Situated on 5.932 acres, the property offers space, flexibility, and long-term growth potential. The 17-space RV park offers immediate income potential with significant expansion opportunity. To the west of the existing park layout, there is a substantial open area providing strong potential for additional RV spaces, allowing a new owner to increase capacity and maximize revenue. Sites are generously sized at approximately 30 ft wide and 50 ft long and feature full hookups. Electrical pedestals provide 30-amp, 50-amp, and/or 110 service, with configurations varying by site to accommodate a range of RV needs. Three pull-through spaces are ideal for larger rigs. Frost-free water bibs are installed at the sites to help prevent freezing during colder months, making the park especially well-suited for winter occupancy. Recently installed aerobic septic systems service the RV spaces, and electrical upgrades have been completed by a licensed contractor. The park features ground concrete at the entryway for durability and gravel throughout for smooth, low-maintenance access. Additional improvements include a 32 ft by 32 ft shop and a 12 ft by 24 ft storage building, along with two wells servicing the property. The 1,548 sq ft mobile home provides comfortable on-site living quarters for an owner or manager, offering 2 bedrooms and 2 bathrooms, a carport, and its own septic system. Amenities such as a designated dog run, picnic area, and established landscaping, including Afghan pines, Italian cypress, and Texas sage, enhance the guest experience and overall appeal of the park. With established infrastructure, strong income potential, and notable room to expand on the west side of the property, this is a rare opportunity to grow a thriving RV park in one of Southern New Mexico’s most desirable travel corridors. Financials available upon request.

23 Dingo RD, Alamogordo

$750,000

1 Baths ⋅ 172098 MLS

Pizza Patio is an established, affordable neighborhood restaurant with a loyal customer base and a strong reputation for great pizza. Known for its home cooked meals to the inviting atmosphere of inside or outside dining and consistent quality, Pizza Patio also offers a variety of additional menu items making it a versatile and well-rounded dining destination. The business is fully equipped and turnkey with all kitchen equipment, fixtures and furnishings included. Experienced employees are willing to stay on, providing continuity and a smooth transition. Pizza Patio is an ideal opportunity for an owner-operation with room for growth. Whether you're continuing its successful formula or bringing own vision to life, this is a place where passion, community, and opportunity meet-a place where your dream of owning a restaurant can truly come true

2203 E 1st ST, Alamogordo

$499,000

1 Beds ⋅ 1 Baths ⋅ 172064 MLS

This two-story commercial building offers a highly adaptable layout designed to support a wide range of office, professional, educational, medical, financial, or service-oriented uses. The property is currently vacant and presents an excellent opportunity for an owner-user or investor seeking a flexible, well-located asset in the economic center of Alamogordo. The ground floor features a welcoming front lobby and reception/desk area, along with a drive-through service window providing direct exterior access—an increasingly rare feature that adds functionality for customer-facing or service-based operations. Beyond the lobby is a large open workspace, ideal for team collaboration or open-office configurations, as well as a dedicated classroom or training area equipped with a mounted whiteboard. Also located on the first floor are ADA-compliant men’s and women’s restrooms with multiple fixtures, a break area, and a full kitchen with dishwasher, supporting day-to-day operations and staff convenience. The second floor offers an expansive open work area, complemented by two private offices with interior windows overlooking the workspace. Similar to the first level, the upper floor includes men’s and women’s restrooms and an additional break area, allowing each level to function independently if desired. The building features a combination of tile and carpet flooring, multiple utility closets, and three separate entrances—a customer entrance, employee entrance, and rear service entrance—providing excellent circulation, operational flexibility, and the potential to accommodate multiple departments or users. Situated on a high-visibility corner location within the economic center of Alamogordo, the property benefits from strong frontage, accessibility, and proximity to major roadways, making it well-positioned for both owner occupancy or lease-up strategies.

901 N Florida AVE, Alamogordo

$600,000

1 Beds ⋅ 1 Baths ⋅ 172044 MLS

Exceptional mixed-use building featuring a fully operational office space on the ground level currently being occupied by veterinary office and a spacious 3-bedroom, 1-bathroom apartment upstairs—perfect for owner-occupants, investors, or live/work flexibility. Situated on a large lot with ample parking and expansion potential, this property offers outstanding visibility and convenience. The residential unit provides comfortable living space with private access, making it ideal for rental income or on-site living.

1403 James Canyon Hwy, Cloudcroft

$2,900,000

1 Baths ⋅ 171924 MLS

This is your opportunity to own one the oldest and well established businesses in the Village of Cloudcroft. The Bear Track building boasts of 10,000 square feet of retail, storage and long term lease space. The retail and lease space includes four bathrooms and two kitchens. The purchase of The Bear Track store will include all retail inventory and the two lease spaces are occupied for additional income. Seller will consider Owner Finance with agreeable terms.

308 Burro AVE, Cloudcroft

$579,900

1 Beds ⋅ 171712 MLS

Prime commercial opportunity! 2,253 sq. ft. restaurant on three lots with high visibility along one of Alamogordo’s busiest roads. Fully equipped and ready for a new owner to make it their own, with ample parking. All restaurant equipment is included in the sale. (Franchise-branded items excluded.)

900 Tenth ST, Alamogordo

$259,000

171261 MLS

PRIME COMMERCIAL OPPORTUNITY WITH INCOME POTENTIAL! Ideally located in a high-visibility area near Lowe's Grocery Store, this versatile commercial property offers three separate office/retail spaces with established rental income and endless possibilities for an owner-user or investor. 702 Tenth St. features approximately 2,250 square feet and is currently leased for $1,300 per month through November 30, 2026. This space includes two bathrooms, recent remodeling updates, carpeted flooring, and a refreshed interior that provides a professional and welcoming environment. 706 Tenth St. is currently occupied by the long-standing hair salon, Cesar's, and has been a stable tenant for many years. The space is currently leased for $425 per month, a discounted rental rate, offering potential for increased income in the future. The unit includes one bathroom and provides a functional layout suitable for a variety of business uses. 710 Tenth St. offers approximately 1,320 square feet and is currently leased for $900 per month. This space includes two bathrooms and has been updated with remodeling improvements, giving it a clean, modern appearance. The building boasts an open floor plan that can accommodate a wide range of business ventures. Additional storage areas at the rear of the building provide the opportunity to create a break room, kitchenette, or expanded workspace. With three separate entrances, the property offers excellent flexibility, allowing an owner to occupy one space while continuing to generate rental income from the others. Ample off-street parking, excellent storefront exposure, and a central location make this an outstanding investment opportunity. Whether you're looking to expand your business or add a strong income-producing property to your portfolio, this commercial building offers flexibility, visibility, and built-in cash flow. Don't miss this exceptional opportunity!

702, 706, 710 Tenth ST, Alamogordo

$1,250,000

1 Baths ⋅ 170585 MLS

Introducing Osha Trail Lodging – A Turnkey Mixed-Use Investment Opportunity in the Heart of Cloudcroft, New Mexico Located just steps from the shops, restaurants, and attractions of historic Burro Street, Osha Trail Lodging offers investors a rare opportunity to own a fully renovated, income-producing mixed-use property in one of southern New Mexico's most desirable mountain destinations. Cloudcroft continues to attract visitors year-round with its cool climate, hiking, mountain biking, skiing, hunting, and vibrant downtown atmosphere. The 8,322-square-foot property underwent extensive renovations between 2021 and early 2024, blending modern amenities with the charm expected of a mountain lodge. Six Nightly Rental Suites Designed to accommodate a variety of travelers: Unit 1 – 2 Bedroom / 2 Bathroom Unit 2 – 1 Bedroom / 1 Bathroom Unit 3 – Two-Story, 2 Bedroom / 2 Bathroom Unit 4 – 1 Bedroom / 2 Bathroom (ADA compliant) Unit 5 – 2 Bedroom / 2 Bathroom Unit 6 – 1 Bedroom / 1.5 Bathroom Guests also enjoy a shared laundry facility, with a separate dedicated laundry area for housekeeping operations. • Retail Space: Available for lease, offering an additional income stream. • 6 Storage Units: Generate further revenue through flexible leasing options. • Large Finished & Heated Garage: Enhances functionality and adds value. • Shared laundry area for guests and a separate laundry for housekeeping use. Leased Retail Space The retail space is currently leased, providing dependable rental income and enhancing the property's diversified revenue stream. Leased Market/Grocery Space The former heated garage has been professionally converted into a market/grocery space and is currently leased, creating an additional long-term income source while serving both visitors and the local community. Storage Units Six storage units provide supplemental income potential, with three units currently leased and additional upside available through leasing the remaining units. Investment Highlights Multiple established income streams Renovated throughout (2021–early 2024) Prime walkable downtown Cloudcroft location Diverse revenue mix from nightly lodging, commercial tenants, and storage rentals Opportunity for future income growth through remaining vacant storage units. Whether you're expanding an investment portfolio, pursuing the hospitality industry, or seeking a unique mountain commercial property with both short-term and long-term income.

102 Mexican Ave, Cloudcroft

$550,000

1 Baths ⋅ 170328 MLS

NEW PRICE $550K (Don't Miss Out on this Investment / Owner User Opportunity) Here is your opportunity to acquire an automotive facility with real estate at a price below replacement cost. The offering includes the commercial building(s), shop infrastructure, and remaining equipment. The real estate and location strongly support the value. The property is well-suited for an owner-operator, investor, or buyer seeking an automotive or light-industrial facility with immediate functionality. Traffic Counts (Approx 11K Per Day). Located across from Anchored Business (Walmart Neighborhood Market). The site offers flexibility to rebrand, reposition, or repurpose the operation. Seller is motivated. All offers will be reviewed promptly.

2001 Arizona AVE Unit 2011 Arizona Ave, Alamogordo

$295,000

1 Baths ⋅ 143930 MLS

PURCHASER TO OBTAIN FINANCING. SEE PROPERTY DESCRIPTION ATTACHED.

Alamogordo

West of Hwy 54 Homes under $100,000 for Sale

Newest West of Hwy 54 Homes under $100,000 for Sale

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