Great investment opportunity! Nineteen unit motel on 4 acres of land with 3 bedroom 1 bath home that has an office in the front of it. Property is being sold as-is, owner will not make repairs.
Looking for great frontage property for your next business venture? This unique property has a restaurant and an RV park! Call today for more details.
The median home value in Tatum, NM is $119,700. This is lower than the county median home value of $149,700. The national median home value is $338,100. The average price of homes sold in Tatum, NM is $119,700. Approximately 60.05% of Tatum homes are owned, compared to 19.36% rented, while 20.6% are vacant. Tatum real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tatum real estate agent to arrange a tour today!
Tatum, New Mexico has a population of 765. Tatum is less family-centric than the surrounding county with 28.77% of the households containing married families with children. The county average for households married with children is 36.8%.
The median household income in Tatum, New Mexico is $43,636. The median household income for the surrounding county is $62,319 compared to the national median of $69,021. The median age of people living in Tatum is 34.1 years.
The average high temperature in July is 91.5 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 16.2 inches per year, with 5.3 inches of snow per year.