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    0000 Butterfly Way Rd Truth or Consequences, NM 87901

    For Sale
    $45,000

    Prime New Mexico Land - Excellent Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10-acre parcel presents a unique investment opportunity in Sierra County, New Mexico. Located near Spaceport America, this property boasts a remarkably flat terrain, ideal for a variety of uses. The asking price is $45,000, representing significant value for its size and location. Enjoy excellent access to the land, a significant advantage for development or recreational purposes. The property's secluded position offers minimal light exposure at night, providing a peaceful and tranquil setting. A key benefit is the proximity to Spaceport America, allowing for potential views of launches and landings. The address is 0000 Butterfly Way Road, Cutter, NM 87901, situated in a quiet area away from the bustling city center. This 10-acre tract in Truth or Consequences, New Mexico, offers a blend of accessibility, seclusion, and unique views, making it an attractive proposition for investors seeking land in a rapidly developing region. The property's flat topography simplifies development plans, while its location provides both privacy and proximity to a significant landmark. The coordinates are 33.0615749 latitude and -107.0384166 longitude. This is a rare opportunity to acquire a substantial piece of land in a desirable area at an attractive price.

    Property Features for 0000 Butterfly Way Rd

    General Information

    Property type
    Land
    Lot Size
    435,600 SF

    HighLights

    • $45,000 asking price for 10 acres of land.
    • Located in Cutter, NM, near Spaceport America.
    • 10‑acre parcel with excellent access and minimal light pollution.
    • Flat land offering views of Spaceport America launches and landings.
    • Located outside of the city limits.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Truth or Consequences
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.0384166
    Latitude
    33.0615749

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    FAQs

    What type of property is this?
    Land - Prime New Mexico Land - Excellent Access
    Where is this land located?
    The property is located at 0000 Butterfly Way Rd Truth or Consequences, NM.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: $45,000 asking price for 10 acres of land.; Located in Cutter, NM, near Spaceport America.; 10-acre parcel with excellent access and minimal light pollution.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    0000 Butterfly Way Rd Truth or Consequences, NM 87901
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