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1200 North Highway 51
1200 North Highway 51, Truth Or Consequences, NM 87901
N/A
2.96 AC
Land
Commercial/ Other (land)
Vacant/Owner-User
16327
- Electricity/Power - Sierra Electric Co-Op
- Water - City of Truth or Consequences
- Telephone - Windstream
- Cable - Charter Communications
- Gas/Propane - PNM
Last Verified 8/12/2008
Listing ID 15345459
1 Lot
Commercial/ Other (land)
Description
2.961 CITY ACRES ZONED COMMERCIAL. ASKING PRICE $2.60 PER SF. STATE HIGHWAY 51 IS ONE OF TWO MAIN COMMERCIAL STRIPS THROUGH T. OR C. HWY 51 SERVICES TRAFFIC TO ELEPHANT BUTTE CITY/LAKE AND THE NM SPACEPORT. THIS IS A PRIME LOCATION FOR RETAIL OR OTHER COMMERCIAL ENTERPRISE, OR CONDO OR MULTI-FAMILY RENTALS.
Truth or Consequences landscaping is changing....dramatically, with several major developments in the making in and around the City. Four major projects underway in Sierra County are: (1) a land deal between the State and the BLM will bring the Hot Springs Motorplex and NASCAR racing to NM; (2) the well-publicized NM $225M spaceport 25 miles south of T. or C.; (3) Turtleback Mountain Resort, a 1,287-home subdivision, upscale living community (new homes now under construction) with 18-hole championship golf course (course & clubhouse open for business) near Elephant Butte Lake; and (4) 100,000 sf Wal-Mart Supercenter under construction and scheduled to open January 2008.
Map of 1200 North Highway 51, Truth Or Consequences, NM 87901 (Sierra County)
Created 9/19/2007
The information above has been
obtained from sources believed reliable. While we do not doubt its accuracy we
have not verified it and make no guarantee, warranty or representation about
it. It is your responsibility to independently confirm its accuracy and
completeness. Any projections, opinions, assumptions, or estimates used are for
example only and do not represent the current or future performance of the
property. The value of this transaction to you depends on tax and other factors
which should be evaluated by your tax, financial, and legal advisors. You and
your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for
your needs.