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    1 Cedar Vly Blvd Truth or Consequences, NM 87935

    For Sale
    $2,043,800

    Prime NM Land, 477+ Lots Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 6.43-acre land parcel presents a remarkable investment opportunity in Elephant Butte, New Mexico. Located at 1 Cedar Valley Boulevard, 87935, this expansive property boasts significant development potential. The asking price is $2,043,800. Situated in Sierra County, the property's address is precisely 1 Cedar Valley Boulevard, Truth or Consequences, NM 87935, with GPS coordinates of 33.2361597 latitude and -107.2311774 longitude. The substantial lot size allows for a multitude of development possibilities. Preliminary assessments suggest the potential for the creation of 477 or more individual lots, making this an ideal project for developers seeking a large-scale land acquisition in a desirable New Mexico location. The property's classification is solely land, with no existing structures. This presents a blank canvas for creative and lucrative development plans. The area offers a unique blend of natural beauty and recreational opportunities, attracting a strong potential buyer base. This is a rare chance to acquire a significant land holding with exceptional growth potential in a sought-after New Mexico market. Serious inquiries are encouraged.

    Property Features for 1 Cedar Vly Blvd

    General Information

    Property type
    Land
    Lot Size
    280,091 SF

    HighLights

    • $2,043,800 asking price.
    • 6.43‑acre land parcel.
    • Located at 1 Cedar Valley Boulevard, Elephant Butte, NM 87935.
    • Sierra County, New Mexico location.
    • Property type: Land.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Truth or Consequences
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.2311774
    Latitude
    33.2361597

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    FAQs

    What type of property is this?
    Land - Prime NM Land, 477+ Lots Potential
    Where is this land located?
    The property is located at 1 Cedar Vly Blvd Truth or Consequences, NM.
    What is the asking price?
    The asking price for this property is $2,043,800.
    What are key features of this property?
    This property features: $2,043,800 asking price.; 6.43-acre land parcel.; Located at 1 Cedar Valley Boulevard, Elephant Butte, NM 87935.
    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
    1 Cedar Vly Blvd Truth or Consequences, NM 87935
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