1 Cedar Vly Blvd, Truth or Consequences, NM 87935
This exceptional 6.43-acre land parcel presents a remarkable investment opportunity in Elephant Butte, New Mexico. Located at 1 Cedar Valley Boulevard, 87935, this expansive property boasts significant development potential. The asking price is $2,043,800. Situated in Sierra County, the property's address is precisely 1 Cedar Valley Boulevard, Truth or Consequences, NM 87935, with GPS coordinates of 33.2361597 latitude and -107.2311774 longitude. The substantial lot size allows for a multitude of development possibilities. Preliminary assessments suggest the potential for the creation of 477 or more individual lots, making this an ideal project for developers seeking a large-scale land acquisition in a desirable New Mexico location. The property's classification is solely land, with no existing structures. This presents a blank canvas for creative and lucrative development plans. The area offers a unique blend of natural beauty and recreational opportunities, attracting a strong potential buyer base. This is a rare chance to acquire a significant land holding with exceptional growth potential in a sought-after New Mexico market. Serious inquiries are encouraged.
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.