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    Land

    309 Birch St, Truth or Consequences, NM 87901

    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    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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