500 BROADWAY, Truth or Consequences, NM 87901

Building Details

Year Built 1963 More

Listing Agency: Desert Lakes Realty f***@gmail.com

Listed By: ANDREA L FREEMAN · License NM #18137 Show Phone

Source: Bigcountryrealty

Added: Aug 3 Changed: Nov 7 Last Checked: Nov 9 at 5:30PM

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Investment Insights

Based on property information with market context.

A corner showroom property built in 1963, the building includes showroom or gallery space, an office, and substantial storage. Break-resistant display windows provide a durable storefront feature.

The property is at 500 Broadway in Truth Or Consequences, within the area identified as the Hot Water District.

Key Highlights

• Corner position at 500 Broadway in Truth Or Consequences
• Showroom or gallery space, office, and substantial storage
• Break‑resistant display windows

Property Analytics

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

Open Analytics

Current Use

Showrooms

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office 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.

Location Intelligence

Trade Area within ½ mile

448

Businesses Nearby

11k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 52% Shops & Services 48%

Tractor Supply Co. Home Improvements & Furnishings

5,765 visits/mo 0.3 miles

Family Dollar Shops & Services

4,908 visits/mo 0.4 miles

Sierra Auto Parts Shops & Services

447 visits/mo 0.1 miles

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 Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Showroom - Showroom, gallery, office, and substantial storage areas provide a mix of customer-facing and back-of-house space.

Where is this showroom located?

The property is located at 500 BROADWAY Truth or Consequences, NM.

What is the asking price?

The asking price for this property is $445,500.

What are key features of this property?

This property features: Corner position at 500 Broadway in Truth Or Consequences; Showroom or gallery space, office, and substantial storage; Break‑resistant display windows