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 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.
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
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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.