www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
28938107
28938108

700 Matson, Truth Or Consequences, NM 87901

Homesteaders Realty
Listed by Homesteaders Realty
$275,000
189 days on market
Updated 189 days ago

700 Matson

Details
APN 3022078370471
Property Type Special Purpose
Year Built 1900
Zoning Residential R3

Special Purpose

Marketing description

Discover Your Investment Paradise: 7.55 Acres of Prime Commercial Opportunity Imagine owning a piece of New Mexico's most captivating landscape while building your financial future – this extraordinary 7.55-acre commercial property in Truth or Consequences makes that dream a reality. A View That Sells Itself Perched gracefully on a hillside overlooking the charming city below, this property offers something truly priceless: unobstructed panoramic views of the majestic Turtleback Mountain. Every sunrise paints a masterpiece across your investment, while the twinkling lights of downtown Truth or Consequences create an enchanting evening backdrop that will leave visitors breathless. Ready-to-Go Income Potential Here's where smart investing meets immediate opportunity. The property features 17 thoughtfully developed lots spanning 2 acres, perfectly positioned for RV parks or mobile home communities. These aren't just empty lots – they're your ticket to consistent rental income in a market hungry for quality accommodations. But wait, there's more. A large billboard already graces the property, generating steady revenue from day one. While you're planning your development dreams, this income stream helps offset your investment costs. Location Magic You've heard it before – location, location, location – but this property truly embodies that principle. Nestled in Truth or Consequences, your future tenants and visitors will enjoy easy access to downtown shopping, world-renowned hot mineral baths, and the authentic New Mexican charm that draws visitors year-round. Your Canvas for Success With an additional 5 acres of undeveloped land, your creative and financial possibilities are virtually limitless. Whether you envision expanding the RV community, creating a unique glamping experience, or developing commercial ventures that capitalize on those stunning mountain views, this property gives you the space to dream big. The Bottom Line This isn't just real estate – it's your opportunity to own a piece of New Mexico's natural beauty while building a thriving business. With existing income, development-ready infrastructure, and endless potential, this hillside gem in Truth or Consequences is waiting for a visionary investor like you. Ready to turn this investment dream into your reality? The mountain views are calling, and your future is waiting.
Icon
Powered by New Mexico Association Of Realtors
Learn More

Listing Contacts

Homesteaders Realty
Listed by Homesteaders Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
C-1 CommercialGeneral CommercialCommercial Zone
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 136 uses
View all 136 uses
Last updated May 23, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591