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Property profile & analytics
OFF-MARKET
Specialty properties

510 Ash St Truth or Consequences, NM 87901

Built 1980
Property ID
US61-1099607
Property summary
AI-generated overview

This exceptional special purpose property, located at 510 Ash Street in Truth or Consequences, New Mexico, presents a unique investment opportunity. The building, constructed in 1980, boasts two units and sits on a substantial 10,710 square foot lot. Its strategic location in Sierra County, zip code 87901, offers convenient access to local amenities and services. The asking price is $184,000, making it an attractive proposition for buyers seeking a versatile property in a desirable New Mexico location. The property's special purpose designation allows for a wide range of potential uses, subject to local zoning regulations. Given the size of the lot, there may be potential for future expansion or development, depending on applicable codes and permits. The property's age presents an opportunity for renovation or modernization to enhance its value and functionality. Detailed information regarding the specific configuration and condition of the two units is available upon request. This property is ideally suited for investors seeking a unique asset in a growing New Mexico market. Serious inquiries are encouraged to explore the full potential of this promising investment. Further due diligence is recommended to confirm all aspects of the property and its suitability for intended use.

Property profile
Verified
Property type Specialty properties
Year built 1980
UPID US61-1099607
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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