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    OFF-MARKET
    Land

    3rd St Rodeo Arena Rd, Truth or Consequences, NM 87901

    7.99 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7.99-acre commercial land parcel presents a remarkable investment opportunity in the vibrant town of Truth or Consequences, New Mexico. Strategically located on 3rd Street (Highway 51), this property boasts high visibility and easy access, making it ideal for a wide range of commercial developments. The expansive lot size offers ample space for construction of a substantial building or complex, catering to various business needs. Its location within Sierra County ensures proximity to essential amenities and services, while the area's growing economy presents a promising outlook for future growth and return on investment. The property's address is 3rd St Rodeo Arena Road, Truth or Consequences, NM 87901, with GPS coordinates of 33.1493947 latitude and -107.2279768 longitude. This is a rare chance to acquire a significant piece of commercial real estate in a thriving New Mexico community. The asking price for this exceptional property is $760,000. Serious inquiries are encouraged to explore the potential of this prime location and capitalize on this lucrative investment opportunity. Don't miss out on this chance to secure a prominent position in the Truth or Consequences commercial landscape.

    Property profile
    Verified
    Property type Land
    Lot 7.99 ac (348,044 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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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