309 Birch St, Truth or Consequences, NM 87901
This exceptional 8,712 square foot commercial lot in Truth or Consequences, New Mexico, presents a remarkable opportunity for development. Located at 309 Birch Street, this cleared lot boasts newly installed electrical service, eliminating a significant hurdle in the construction process. The property is conveniently situated in a desirable neighborhood, making it ideal for a variety of commercial ventures. Its R3 zoning designation offers flexibility for various building plans, allowing for residential or commercial construction. The asking price for this ready-to-build lot is $42,000. The property's address is 309 Birch Street, Truth or Consequences, NM 87901, situated in Sierra County. Its convenient location and existing infrastructure make it an attractive investment for those seeking a prime location to build their next project. The lot's size and zoning provide ample space and flexibility for a range of development possibilities. This is a rare opportunity to acquire a build-ready commercial lot in a thriving community. Don't miss out on this chance to secure a valuable piece of land in a desirable location. The property is ready for immediate development, saving time and resources. Act quickly to capitalize on this exceptional opportunity.
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.