0000 Butterfly Way Rd, Truth or Consequences, NM 87901
This exceptional 10-acre parcel presents a unique investment opportunity in Sierra County, New Mexico. Located near Spaceport America, this property boasts a remarkably flat terrain, ideal for a variety of uses. The asking price is $45,000, representing significant value for its size and location. Enjoy excellent access to the land, a significant advantage for development or recreational purposes. The property's secluded position offers minimal light exposure at night, providing a peaceful and tranquil setting. A key benefit is the proximity to Spaceport America, allowing for potential views of launches and landings. The address is 0000 Butterfly Way Road, Cutter, NM 87901, situated in a quiet area away from the bustling city center. This 10-acre tract in Truth or Consequences, New Mexico, offers a blend of accessibility, seclusion, and unique views, making it an attractive proposition for investors seeking land in a rapidly developing region. The property's flat topography simplifies development plans, while its location provides both privacy and proximity to a significant landmark. The coordinates are 33.0615749 latitude and -107.0384166 longitude. This is a rare opportunity to acquire a substantial piece of land in a desirable area at an attractive price.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.