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Office Building with Government Tenant
For Sale
$130,000

1 Sunset Plaza Cour, Roswell, NM 88201

C2 zoning and an established government tenancy characterize this standalone office property.

Property Size1,224 SF
Price / SF$106.21
Days on Market10

Property Features for 1 Sunset Plaza Cour

General Information

Standard status Active
Size 1,224 SF
Zoning C2 Community Commercial

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,698

Amenities

Carpet, Tile
Yes
No
Audio/Video Surveillance
Water Heater
0.21

Building Details

Building Size 1,224 SF
Year Built 2005
Buildings 1
Tenancy Single
Listing Agency:
Listed By: Gen Outland
Source: Enchantedlands
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 3:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gen Outland

Rey
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Investment Insights

Based on property information with market context.

Built in 2005, this 1,224-square-foot office building is occupied under a lease with the New Mexico Aging and Long Term Services Department. The agreement commenced July 1, 2019, and runs through June 30, 2029, with renewal options that may extend the term by up to ten years.

The base rent remains fixed during the current term, while annual operating costs increase by 1.5%. The property is zoned C2 Community Commercial and is located in Roswell, New Mexico.

Key Highlights

  • 1,224‑square‑foot office building, constructed in 2005
  • Leased to the New Mexico Aging and Long Term Services Department
  • Current lease term runs from July 1, 2019, through June 30, 2029

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby

Demographics for 88201, NM

26,471
Population
11,738
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
87%
High-School Grad
2,643.3 sq mi
ZIP Area
10
Density / Sq Mi
$62,752
Median Household Income
$36,935
Median Earnings
$957
Median Rent
$202,600
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - C2 zoning and an established government tenancy characterize this standalone office property.
Where is this office building located?
The property is located at 1 Sunset Plaza Cour Roswell, NM.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 1,224‑square‑foot office building, constructed in 2005; Leased to the New Mexico Aging and Long Term Services Department; Current lease term runs from July 1, 2019, through June 30, 2029
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