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    OFF-MARKET
    Land

    1 Cedar Vly Blvd, Truth or Consequences, NM 87935

    6.43 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 6.43 ac (280,091 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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