725 Charles Street

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725 Charles Street

Truth Or Consequences, NM 87901
Asking Price
$95K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The 0.21-acre parcel is listed for sale at $95,000.
  • Property is situated at 725 Charles Street in Truth or Consequences.
  • The land is located within the state of New Mexico.
  • This asset provides a versatile opportunity for potential local development.
  • The site features a geographic position at coordinates 33.1253, -107.2598.

What's Special

Priced at $95,000, this 0.21-acre land parcel occupies a strategic position at 725 Charles Street in Truth or Consequences, New Mexico. The site offers a clean slate for developers or investors looking to establish a footprint in this unique Sierra County market. Known for its distinct geography and historical significance as a geothermal hub, the region maintains a steady interest from those seeking a quieter pace of life while remaining accessible to the broader regional corridor. Given the zoning and size constraints typical of this submarket, the property is suitable for various small-scale development initiatives. Prospective buyers might consider the site for residential infill or specialized small-format commercial use, depending on local municipal requirements. The parcel benefits from its central location within the city, providing straightforward connectivity to local amenities and the surrounding natural desert landscape. This acquisition represents a focused investment in a region characterized by its growing appeal and manageable development scale.

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NOI
$80,000
Cap Rate
84.21%
DSCR
14.18
Strong
Cash-on-Cash
260.91%
Monthly Payment
$470.008
Annual Cash Flow
$74,359.902

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