0 Cattleman Rd, Truth or Consequences, NM 87935
This exceptional 120-acre parcel presents a compelling investment opportunity in the scenic Monticello Valley near Elephant Butte, New Mexico. Located on Cattleman Road, with a zip code of 87935, this expansive land offers significant potential for various uses. The property is situated in Sierra County and boasts a convenient location in the vibrant community of Elephant Butte. The asking price for this remarkable property is $110,976. Given its size and location, this land is ideal for investors seeking a substantial holding in a desirable area of New Mexico. The property's vast acreage provides ample space for a range of development possibilities, from agricultural ventures to recreational pursuits. The tranquil setting of Monticello Valley offers breathtaking views and a peaceful atmosphere, making it an attractive location for those seeking a serene escape or a unique investment opportunity. Detailed surveys and environmental assessments may be required to determine the full potential of this land. The property is being sold "as is," and potential buyers are encouraged to conduct their own due diligence before making an offer. This is a rare opportunity to acquire a significant landholding in a sought-after location in New Mexico. Don't miss out on this chance to secure a piece of the beautiful New Mexico landscape. The latitude and longitude coordinates are 33.3035579 and -107.277184 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.