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Property profile & analytics
OFF-MARKET
Land

117 Lincoln St Truth or Consequences, NM 87935

Property ID
Property summary
AI-generated overview

This exceptional .75-acre lot, encompassing 32,670 square feet, presents a unique opportunity to build your dream home in the desirable Elephant Butte, New Mexico area. Located at 117 Lincoln Street, this property boasts a prime location, offering convenient proximity to both recreational amenities and essential services. Enjoy the ease of access to the nearby Sierra Del Rio Golf Course, perfect for leisure and relaxation. For water enthusiasts, the main boat ramp at Elephant Butte Lake is just a short five-minute drive away, providing effortless access to the lake's recreational opportunities. The lot itself is already enhanced with existing power, simplifying the construction process and reducing initial development costs. This significantly reduces the upfront investment required to begin building, making this an attractive option for those seeking a hassle-free building experience. The property is situated in Sierra County, New Mexico, with the zip code 87935. The asking price for this remarkable piece of land is $48,000. Don't miss this chance to secure your slice of paradise in the beautiful Elephant Butte region. This is a truly exceptional opportunity to create your ideal home in a sought-after location. The property's coordinates are 33.2361597 latitude and -107.2311774 longitude.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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