3rd St Rodeo Arena Rd, Truth or Consequences, NM 87901
This exceptional 7.99-acre commercial land parcel presents a remarkable investment opportunity in the vibrant town of Truth or Consequences, New Mexico. Strategically located on 3rd Street (Highway 51), this property boasts high visibility and easy access, making it ideal for a wide range of commercial developments. The expansive lot size offers ample space for construction of a large-scale commercial building, or the potential for subdivision into smaller lots for multiple businesses. Its location in Sierra County, New Mexico, provides access to a growing community and a strong local economy. The asking price is $760,000. This property is zoned for commercial use and offers significant potential for future growth and return on investment. The address is 3rd St Rodeo Arena Road, Truth or Consequences, NM 87901. Given its size and prime location, this land parcel represents a rare opportunity to establish a thriving commercial venture in a desirable New Mexico setting. The property's latitude and longitude coordinates are 33.1493947, -107.2279768 respectively. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. This is a blank canvas for your commercial vision in a thriving New Mexico community.
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.