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    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
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    CAP Approach CAP
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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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