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Property profile & analytics
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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