0 Central Ave, Tularosa, NM 88352
This exceptional 0.73-acre parcel presents a unique investment opportunity in Tularosa, New Mexico. Located on Central Ave, this property boasts a highly desirable C3 zoning designation, permitting both commercial and residential development. The land is situated at the entrance to an established residential neighborhood, offering convenient access to US-70E and easy commutes to nearby towns including Mescalero, Ruidoso, and Alamogordo. The versatile zoning allows for a wide range of possibilities, from a small apartment complex generating rental income to various commercial ventures. This prime location offers significant potential for developers seeking a multi-family or commercial building site. Utilities are conveniently located at the property line, simplifying the development process. The existing covenants explicitly permit business operations on the lot, adding to its appeal for entrepreneurs and investors. This is a rare opportunity to acquire a strategically located, multi-use property in a growing area of Otero County. Don't miss out on this chance to build your future in Tularosa. The asking price is $65,000.
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
Similar Nearby for Sale
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.