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    OFF-MARKET
    Land

    0000 Butterfly Way Rd, Truth or Consequences, NM 87901

    10 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 10 ac (435,600 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
    AI Approach AI
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    CAP Approach CAP
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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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