Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Mescal Spg Rnch Truth or Consequences, NM 87901

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Mescal Spg Rnch Truth or Consequences, NM 87901

    View on Map
    • Land
    • 26,656.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Mescal Spg Rnch

    Lot size
    26,656.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    Mescal Springs Ranch presents a unique opportunity to acquire a substantial 26,656-acre working cattle ranch in Sierra County, New Mexico. This expansive property boasts a carrying capacity of 272 cow/calf units year-round, supported by multiple adjudicated water rights, eight wells (ranging from 60 to 600 feet deep), year-round springs, and 20 miles of pipeline with storage. The ranch's diverse terrain includes beautiful draws, springs, cottonwood trees, rolling hills, canyons, and striking rock formations. Rich history is woven into the landscape, featuring pictographs, remnants of cavalry camps, the ghost town of Marion, partial rock and adobe dwellings, and an old army fort with panoramic views. The main residence is an attractive 1800 sq ft, 2-bedroom, 2.5-bathroom home with vaulted ceilings, Saltillo tile, a kiva fireplace, vigas, and a loft. Additional improvements include a 1-bedroom, 1-bathroom adobe bunkhouse, a 700 sq ft metal shop with electricity, a restored 100-year-old 800 sq ft brick barn, a storage container, a hay shed, and corrals. All furnishings and a dozer are included in the sale. The ranch offers breathtaking views of seven mountain ranges: San Mateo, Magdalena, Cristobal, Caballo, Black Range, San Andres, and Oscura. It's conveniently located 10 miles from Elephant Butte Lake and a short drive to Truth or Consequences, providing access to modern amenities. Wildlife is abundant, including mule deer, javelina, mountain lion, and various bird species. The property is situated in Game Management Unit 20. Asking price: $2,575,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Truth or Consequences
    County
    Sierra
    State
    New Mexico
    Longitude
    -107.193
    Latitude
    33.1165

    Comparable in this City

    • Value Estimation by Request
      42.85 Acres

      2300 Veater St

      Farms • 42.85 Acres
      2300 Veater St, Truth or Consequences, NM 87901
      View Details
    • Value Estimation by Request
      10.66 Acres

      714 Hwy 52 Rd

      Farms • 10.66 Acres
      714 Hwy 52 Rd, Truth or Consequences, NM 87901
      View Details
    • Value Estimation by Request
      0.53 Acres

      F.g. Amin St

      Land • 0.53 Acres
      0 F.g. Amin St, Truth or Consequences, NM 87901
      View Details
    • Value Estimation by Request
      18.11 Acres

      Cutter Rd Rd

      Land • 18.11 Acres
      0 Cutter Rd Rd, Truth or Consequences, NM 87901
      View Details
    • Value Estimation by Request

      907 Grape St

      Land
      907 Grape St, Truth or Consequences, NM 87901
      View Details
    • Value Estimation by Request

      900 Radium St

      Land
      900 Radium St, Truth or Consequences, NM 87901
      View Details

    Similar Nearby for Sale

    • $45,000
      10.00 Acres

      Flat 10-Acre Parcel Near Spaceport

      10 acre parcel near Spaceport America with excellent access.
      Butterfly Way Rd, Truth or Consequences, NM 87901
      View Details
    • $39,500
      Pending

      Commercial Lot in Truth Or Consequences

      Flat commercial lot with utilities and I-25 access.
      1903 S Broadway St, Truth or Consequences, NM 87901
      View Details
    • New
      Contact for pricing
      Pending

      Residential Lot in Truth or Consequences

      0.48-acre residential lot with utilities nearby in Truth or Consequences.
      507 N Maple St, Truth or Consequences, NM 87901
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Mescal Spg Rnch
    Truth or Consequences, NM 87901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!