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Property profile & analytics
OFF-MARKET
Commercial real estate

306 Richardson Ave Roswell, NM 88201

865 SF 0.02 ac lot Built 1965
Individually Owned 1-yr Hold
Property ID
US61-0103580
Property summary
AI-generated overview

This exceptional 865-square-foot commercial property is situated in the heart of downtown Roswell, New Mexico, at 306 N Richardson Avenue. Its convenient location offers unparalleled access to a vibrant array of shopping and dining options, ensuring high visibility and foot traffic for your business. The property is perfect for a variety of uses, making it an attractive investment opportunity for entrepreneurs and established businesses alike. Whether you envision a professional office space, a retail storefront, or another commercial venture, this property provides the ideal foundation for success. The 0.02-acre lot offers ample space for operations and potential expansion. The asking price is $129,500, representing a compelling value in this desirable downtown location. This property presents a rare opportunity to establish a presence in a thriving commercial district with strong potential for growth and return on investment. Its central location ensures easy access for clients and employees, while its proximity to various amenities enhances its overall appeal. Serious inquiries are encouraged to explore this promising commercial real estate opportunity. Schedule a viewing to fully appreciate the potential of this exceptional property. The property is ready for immediate occupancy.

Property profile
Verified
Property type Commercial real estate
Year built 1965
Total area 865 SF
Lot 0.02 ac (871 SF)
UPID US61-0103580
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Southeastern New Mexico Down Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
White Rock Construction And Service · 1 yrs held
White Rock Construction And Service
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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