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Remodeled Flex Space with Shipping Door
For Sale
$399,000

220 E Third St, Truth or Consequences, NM 87901

Commercial Sale, Truth Or Consequences, NM

Property Size3,783 SF
Lot Size0.19 Acres
Price / SF$105.47
Days on Market87

Property Features for 220 E Third St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C
Interior features Overhead Door(s), Shipping Door(s)
Directions E on Third to property on left
Subdivision New Mexico Mls
Standard status Active
APN 3022078043354
Size 3,783 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description Lots 9 and 10 Block 65 Original
Tax Annual Amount 1157
Legal Description Lots 9 and 10 Block 65 Original

Utilities

Heating system Natural Gas

Building Details

Year built 1978
Building materials Block - Cinder, Frame, Siding
Listing Agency: Plaza Realty
Listed By: C. Earl Greer · License #14717
Added: Jun 9 Changed: Sep 2 Last Checked: Sep 3 at 8:06AM
MLS# 20263408

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex-space property offers 3,783 square feet within a commercial building remodeled in 2014. The layout supports retail showroom, manufacturing, office, storage, and convenience-store uses identified for the property. Overhead and shipping doors add functional service access, while block, frame, and siding construction provide the building envelope. Natural-gas heating is installed, and city utilities are in place, including natural gas service.

The property occupies 0.19 acres at 220 E Third St in Truth Or Consequences, New Mexico 87901. Built in 1978, the building combines adaptable interior space with practical loading features for a range of commercial operations.

Key Highlights

  • 3,783 square feet of commercial flex space
  • Building remodeled in 2014
  • Overhead door and shipping door access

Property 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
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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial building with city utilities, natural gas service, and overhead and shipping doors.
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 of commercial flex space; Building remodeled in 2014; Overhead door and shipping door access
More about this property
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