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Property profile & analytics
OFF-MARKET
Land

3rd St Rodeo Arena Rd Truth or Consequences, NM 87901

7.99 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7.99 ac (348,044 SF)
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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