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    OFF-MARKET
    Land

    000 Mustang Rd, Truth or Consequences, NM 87935

    5.66 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.66-acre land parcel presents a unique opportunity for development or personal enjoyment in the desirable Lakeshore Highlands area. Located at 000 Mustang Road, Elephant Butte, NM 87935, this property boasts breathtaking lake and mountain views, offering a tranquil setting just minutes from the shores of Elephant Butte Lake. The expansive lot provides ample space for a variety of uses, from building a custom home to creating a private retreat. Its convenient location provides easy access to the recreational opportunities of Elephant Butte Lake, while still maintaining a sense of seclusion and privacy. The asking price for this remarkable property is $58,000. Sierra County's natural beauty and the proximity to the lake make this an ideal location for those seeking a peaceful escape or a lucrative investment opportunity. The property is situated at 33.2361597 latitude and -107.2311774 longitude. This is a rare chance to acquire a significant piece of land in a highly sought-after area, offering unparalleled potential for future development or personal use. Don't miss this chance to own a piece of New Mexico's stunning landscape. The property is classified as land and is located in Truth or Consequences, New Mexico.

    Property profile
    Verified
    Property type Land
    Lot 5.66 ac (246,550 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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