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Property profile & analytics
OFF-MARKET
Specialty properties

105 Main St Truth or Consequences, NM 87901

Built 1950
Property ID
US61-1081849
Property summary
AI-generated overview

This exceptional special-purpose property, located at 105 N Main Street in Truth or Consequences, New Mexico, presents a unique investment opportunity. The building, constructed in 1950, boasts three units and sits on a substantial 14,000 square foot lot. Its prime location in the heart of Sierra County offers excellent visibility and accessibility. The asking price is $325,000, representing a compelling entry point into the Truth or Consequences real estate market. The property's versatility allows for a range of potential uses, making it ideal for investors seeking a flexible and adaptable asset. With its generous lot size, there's potential for future expansion or development, subject to local zoning regulations. The existing three units provide immediate income potential or the opportunity to renovate and reposition the property to meet specific market demands. This property is situated in the 87901 zip code, offering convenient access to local amenities and services. Detailed property records and surveys are available upon request. This is a rare chance to acquire a well-positioned property in a growing New Mexico community. Serious inquiries are encouraged to explore the full potential of this unique investment.

Property profile
Verified
Property type Specialty properties
Year built 1950
UPID US61-1081849
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
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Comparable Approach Comparable
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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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