0 Tbd Underwood Elephant Butte, Radium Springs, NM 88054
This exceptional 39,500 dollar commercial land parcel presents a unique investment opportunity in the desirable Radium Springs area of Doña Ana County, New Mexico. Located at Tbd Underwood Elephant Butte, zip code 88054, this property boasts a prime location near the north end of Elephant Butte Lake, offering significant potential for various commercial ventures. The land is classified as commercial and is ready for development. The precise dimensions and acreage are not specified, but the asking price reflects the strategic value of its location. Given its proximity to the lake, possibilities include businesses catering to recreational activities, tourism, or supporting the local community. The property's address is listed as Tbd Underwood Elephant Butte, indicating that the exact lot number may require further clarification. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations, utility access, and development potential. This is a blank canvas for a discerning investor seeking to capitalize on the area's natural beauty and recreational appeal. The latitude and longitude coordinates are 32.4939319, -106.8997095, providing precise location data for mapping and site analysis. This commercial land offers a rare chance to establish a thriving business in a picturesque New Mexico setting.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.