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    OFF-MARKET
    Specialty properties

    105-107 Main St, Truth or Consequences, NM 87901

    Built 1950
    Property ID
    Property summary
    AI-generated overview

    This exceptional special-purpose property, located at 105-107 N Main Street in the charming town of Truth or Consequences, New Mexico, presents a unique investment opportunity. The asking price is $325,000. Built in 1950, this building sits on a substantial 14,000 square foot lot, offering significant potential for redevelopment or continued use in its current configuration. The property's central downtown location provides excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The address is 105-107 N Main Street, Truth or Consequences, NM 87901. Its prime location within Sierra County offers easy access to local amenities and services. The property's age suggests a rich history and potential for adaptive reuse, catering to businesses seeking a unique and established presence in the community. Given the size of the lot, there's ample space for expansion or outdoor amenities. The property's special-purpose designation allows for creative uses, subject to local zoning regulations. Serious inquiries are encouraged to explore the possibilities this property offers. Further due diligence is recommended to assess the property's suitability for specific business plans and to confirm zoning compliance. This is a rare opportunity to acquire a significant piece of Truth or Consequences' commercial landscape.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1950
    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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    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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