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Flex Space with Overhead Door
For Sale
$399,000

220 E Third St, Truth or Consequences, NM 87901

Remodeled commercial space offers city utilities, including natural gas service, and a flexible layout for multiple business functions.

Property Size3,783 SF
Price / SF$105.47
Days on Market10

Property Features for 220 E Third St

General Information

Standard status Active
Size 3,783 SF
Zoning C

Site & Location

Road Access Yes
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $1,157

Amenities

Yes
No
Overhead Door(s), Shipping Door(s)
0.19

Building Details

Building Size 3,783 SF
Year Built 1978
Year Renovated 2014
Buildings 1
Listing Agency: Plaza Realty
Listed By: Virginia McAlister
Source: Enchantedlands
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 2:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Plaza Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,783-square-foot flex property was built in 1978 and remodeled in 2014. Its interior includes overhead and shipping doors, with a layout suited to retail showroom, manufacturing, office, storage, or convenience-store functions. City utilities, including natural gas service, are in place.

The property is located at 220 E Third St in Truth Or Consequences, New Mexico, along a major thoroughfare.

Key Highlights

  • 3,783 square feet; remodeled in 2014
  • Overhead and shipping doors
  • Zoned C

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Parking Lot & Garage Auto Repair Shop Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

519
Businesses Nearby
Under-served
Demand for This Use

Demographics for 87901, NM

6,515
Population
3,981
Households
1.6
Avg Household Size
54
Median Age
19%
College-Educated
89%
High-School Grad
1,080.4 sq mi
ZIP Area
6
Density / Sq Mi
$27,868
Median Household Income
$25,735
Median Earnings
$674
Median Rent
$114,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Remodeled commercial space offers city utilities, including natural gas service, and a flexible layout for multiple business functions.
Where is this flex space located?
The property is located at 220 E Third St Truth or Consequences, NM.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3,783 square feet; remodeled in 2014; Overhead and shipping doors; Zoned C
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