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    70 Rio Grande Cir St Truth or Consequences, NM 87935

    • Land
    For Sale
    View listing
    $59,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 70 Rio Grande Cir St

    Property type
    Land

    Description

    This exceptional .59-acre lot (25,700.4 sq ft), located at Lot 70 Rio Grande Circle Street in Elephant Butte, New Mexico, presents a unique opportunity for lakefront living. The property is situated in Sierra County, zip code 87935, and boasts a cleared, level terrain, perfectly prepared for immediate construction. Its prime location offers unparalleled convenience, with all utilities readily accessible at the roadside, minimizing development complexities. Imagine building your dream lake house just minutes away from the serene beauty of Elephant Butte Lake. This remarkable parcel is priced affordably at $59,000, making it an exceptional investment for those seeking a tranquil lakeside retreat. The property's flat, cleared nature simplifies the building process, saving time and resources. Don't miss this chance to own a piece of paradise near Elephant Butte Lake. Act quickly, as opportunities like this are rare. The coordinates for this property are 33.2017829 latitude and -107.2245944 longitude.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Truth or Consequences
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.225
    Latitude
    33.2018

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      105 Los Largos

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    70 Rio Grande Cir St
    Truth or Consequences, NM 87935
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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