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Property profile & analytics
OFF-MARKET
Land

0001 Mustang Rd Truth or Consequences, NM 87935

5.66 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.66-acre parcel of land presents a unique opportunity for development or personal enjoyment in the desirable Elephant Butte, New Mexico area. Located at 0001 Mustang Road, this property boasts breathtaking lake and mountain views, offering a tranquil setting just minutes from the shores of Elephant Butte Lake. The land is situated in Lakeshore Highlands, a sought-after community known for its natural beauty and recreational opportunities. With its expansive acreage, this property provides ample space for a variety of uses, from building a custom home to creating a private retreat. The asking price is $58,000, making it an attractive investment in a highly desirable location. The property's address is precisely 0001 Mustang Road, Elephant Butte, NM 87935, within Sierra County. Its GPS coordinates are 33.2361597 latitude and -107.2311774 longitude. The lot size is confirmed at 5.66 acres. This is a rare opportunity to own a piece of this picturesque landscape, offering unparalleled access to outdoor recreation and stunning natural scenery. Don't miss your chance to acquire this remarkable property. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 5.66 ac (246,550 SF)
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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