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Office Building with Government Lease
For Sale
$130,000

1 Sunset Plaza Cour, Roswell, NM 88201

Commercial Sale, Roswell, NM

Property Size1,224 SF
Lot Size0.21 Acres
Price / SF$106.21
Days on Market105

Property Features for 1 Sunset Plaza Cour

General Information

Property type Commercial Sale
Property subtype Other
Zoning description C2 Community Commercial
Interior features Audio/Video Surveillance
Appliances Water Heater
Directions West on Second Street, South on S. Sunset, West on Sunset Plaza Court
Subdivision New Mexico Mls
Standard status Active
APN Account No. R002895
Size 1,224 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Description Subd: SUNSET PLAZA COURT SUBDIVISION Lot: 1 S: 6 T: 11S R: 24E DOC# 202401483 WD
Tax Annual Amount 1698
Legal Description Subd: SUNSET PLAZA COURT SUBDIVISION Lot: 1 S: 6 T: 11S R: 24E DOC# 202401483 WD

Utilities

Heating system Forced Air

Building Details

Year built 2005
Flooring type Tile, Carpet
Building materials Block - Cinder, Brick, Brick Wainscot, Concrete, Crawlspace, Floor - Slab, Floor - Wood, Frame, Log, Masonry, Metal Frame, Siding, Siding Masonite, Slump Block, Fiberglass, Styrofoam, Aluminum Siding, Asbestos Siding, Clay Tile, Concrete Block, Mission Stone
Roof type Asphalt
Listing Agency: Keller Williams Roswell · Keller Williams Realty
Listed By: Riley A Armstrong · License #47510
Added: Jul 1 Changed: Oct 8 Last Checked: Oct 13 at 7:06PM
MLS# 20253989

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,224-square-foot office building sits on a 0.21-acre parcel and was built in 2005. The New Mexico Aging and Long Term Services Department leases the property under an agreement that commenced July 1, 2019, and runs through June 30, 2029. The tenant may exercise renewal options for up to an additional ten years.

The base lease rate remains fixed during the term, while annual operating costs increase by 1.5%.

Key Highlights

  • Leased to the New Mexico Aging and Long Term Services Department
  • Lease runs from July 1, 2019, through June 30, 2029, with renewal options for up to an additional ten years
  • 1,224‑square‑foot office building on 0.21 acres

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Dental Office Law Firm

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

268
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - A state agency occupies the property under a lease with renewal options.
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: Leased to the New Mexico Aging and Long Term Services Department; Lease runs from July 1, 2019, through June 30, 2029, with renewal options for up to an additional ten years; 1,224‑square‑foot office building on 0.21 acres
More about this property
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