You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Specialty properties

112 3Rd Ave Truth or Consequences, NM 87901

Built 1940
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a charming three-unit property located at 112 W Third Avenue in Truth or Consequences, New Mexico, 87901. Built in 1940, this special purpose property boasts a rich history and sits on a sizable 12,600 square foot lot. The building features three one-bedroom units, each offering comfortable living space. The property is zoned for commercial use, presenting a versatile range of potential applications. Architectural details include a Pueblo Revival style and predominantly 12-inch exterior walls, contributing to its unique character and structural integrity. The property is topped with a durable metal roof. Mature shade trees grace the lot, providing a pleasant and inviting atmosphere. The property is well-maintained, reflecting a commitment to quality and longevity. Adding to its practicality is a 16 x 10 foot storage shed. Most of the contents within the units are available for purchase, offering a seamless transition for a new owner. This property is priced at $309,000 and represents a rare chance to acquire a piece of Truth or Consequences' history with significant commercial potential. The property's location in Sierra County offers easy access to local amenities and attractions. The latitude and longitude coordinates are 33.1330643, -107.2511003.

Property profile
Verified
Property type Specialty properties
Year built 1940
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 112 3Rd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message