1406 Broadway St, Truth or Consequences, NM 87901
This exceptional commercial land parcel, located at 1406 S Broadway Street in Truth or Consequences, New Mexico, presents a compelling investment opportunity. Spanning 33,233 square feet – nearly an acre – this property boasts a highly desirable location on a busy street within the vibrant city of Truth or Consequences. Its strategic positioning offers excellent visibility and accessibility, making it ideal for a wide range of commercial ventures. The property's proximity to the hot water district and the downtown area further enhances its appeal, providing easy access to amenities and a thriving community. The asking price is $105,000. This represents a significant opportunity to acquire prime real estate in a growing New Mexico market. The substantial lot size allows for considerable development potential, catering to various business needs and expansion plans. The address is verified as 1406 S Broadway Street, Truth or Consequences, NM 87901, situated in Sierra County. This property is zoned for commercial use (verification required by buyer). Don't miss this chance to secure a piece of prime commercial real estate in a dynamic and attractive location. Serious inquiries only.
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
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.