105 Main St Truth or Consequences, NM 87901
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.
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
Similar Nearby for Lease
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.