Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    265 Champagne Hl Rd Truth or Consequences, NM 87935
    Back to Search
    Property profile & analytics

    265 Champagne Hl Rd Truth or Consequences, NM 87935

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 265 Champagne Hl Rd

    Property type
    Land

    Description

    This exceptional 0-acre commercial lot, located at 265 Champagne Hills Rd in Elephant Butte, New Mexico, presents a unique investment opportunity. Situated in Sierra County, zip code 87935, this property boasts a prime location with breathtaking views. The asking price is $68,300. While the lot size is listed as 0 acres, the marketing materials suggest ample space, ideal for a variety of commercial ventures. The property's address is clearly defined as 265 Champagne Hills Rd, providing easy access and visibility. Given its location in Elephant Butte, a popular destination, this land offers significant potential for development. The coordinates are 33.2361597 latitude and -107.2311774 longitude, allowing for precise location identification and mapping. The property is designated as commercial land, making it suitable for a range of business uses. Further investigation into zoning regulations and permitted uses is recommended for prospective buyers. This is a rare opportunity to acquire a commercial lot in a desirable location with the potential for substantial returns. The seller is motivated and ready to negotiate. Don't miss this chance to secure this exceptional piece of land in Elephant Butte.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Truth or Consequences
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.231
    Latitude
    33.2362

    Comparable in this City

    • Value Estimation by Request

      301 Rock Cyn Rd

      Individual retail properties
      301 Rock Cyn Rd, Elephant Butte, NM 87935
      View Details
    • Value Estimation by Request
      9.69 Acres

      820 Warm Spg Blvd

      Land • 9.69 Acres
      820 Warm Spg Blvd, Truth or Consequences, NM 87935
      View Details
    • Value Estimation by Request

      915 Hwy 195 Hwy

      Distribution properties
      915 Hwy 195 Hwy, Truth or Consequences, NM 87935
      View Details
    • Value Estimation by Request
      1.92 Acres

      630 Mustang P Pl

      Land • 1.92 Acres
      630 Mustang P Pl, Elephant Butte, NM 87935
      View Details
    • Value Estimation by Request

      204 Ontario Dr

      Land
      204 Ontario Dr, Truth or Consequences, NM 87935
      View Details
    • Value Estimation by Request
      2.06 Acres

      629 Mustang Pl

      Land • 2.06 Acres
      629 Mustang Pl, Elephant Butte, NM 87935
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.43 Acres

      Land Near Elephant Butte Lake

      2.43-acre lot in Lakeshore Highlands, near Elephant Butte Lake.
      Greer Ln, Elephant Butte, NM 87935
      View Details
    • $2,043,800
      6.43 Acres

      Land in Elephant Butte, NM

      6.43 acres of land for sale in New Mexico.
      1 Cedar Cyn Blvd, Elephant Butte, NM 87935
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    265 Champagne Hl Rd
    Truth or Consequences, NM 87935
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    265 Champagne Hl Rd, Truth or Consequences, NM, 87935
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!