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    OFF-MARKET
    Commercial real estate

    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 asking price is $325,000. Built in 1950, this three-unit building sits on a substantial 14,000 square foot lot, offering ample space and potential for various uses. The property's central location in the vibrant city of Truth or Consequences, within Sierra County, provides excellent access to local amenities and services. The zip code is 87901. The property's coordinates are 33.1294693 latitude and -107.2513668 longitude. Given its size and location, this property is ideal for investors seeking a versatile asset with significant upside potential. The existing structure provides a solid foundation for redevelopment or continued operation as a multi-unit building. The substantial lot size allows for expansion or the addition of complementary structures. This is a rare opportunity to acquire a well-situated property in a growing New Mexico community. Serious inquiries are encouraged to explore the possibilities this property offers. The property's special purpose designation presents a unique opportunity for creative and adaptive reuse. Further investigation into zoning regulations and permitted uses is recommended. This property is being offered as-is.

    Property profile
    Verified
    Property type Commercial real estate
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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