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Property profile & analytics
OFF-MARKET
Land

816 Greer Ln Truth or Consequences, NM 87935

1.19 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.19-acre lot, identified as Lot 816 Greer Lane, presents a remarkable opportunity to build your dream home in the desirable Lakeshore Highlands community. Located in Elephant Butte, New Mexico, this property boasts a prime location just minutes away from the stunning Elephant Butte Lake, offering unparalleled access to recreational activities such as boating, fishing, and swimming. The land is situated in Sierra County, with the precise address being Lot 816 Greer Lane, 87935. Its convenient proximity to the lake makes it an ideal setting for a tranquil retreat or a vibrant vacation home. The asking price for this expansive lot is $18,000. Given its size and location, this represents a compelling investment in a sought-after area known for its natural beauty and recreational opportunities. The property's geographical coordinates are 33.2652347 latitude and -107.2014635 longitude. This is a rare chance to acquire a sizable parcel of land in a highly desirable location, perfect for those seeking a peaceful escape or a lucrative investment opportunity near Elephant Butte Lake. Don't miss this chance to secure your piece of New Mexico paradise. The property is classified as Land and is ready for immediate development.

Property profile
Verified
Property type Land
Lot 1.19 ac (51,836 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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