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    306 Richardson Ave Roswell, NM 88201

    For Sale
    $129,500

    Prime Roswell location, 865 sq ft, ideal for business.

    Property size:
    865 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    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 Features for 306 Richardson Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    865 SF
    Lot Size
    871 SF

    Building Details

    Year Built
    1965
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Southeastern New Mexico ... Non-Profit Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.5246
    Latitude
    33.39561

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Roswell location, 865 sq ft, ideal for business.
    Where is this commercial real estate located?
    The property is located at 306 Richardson Ave Roswell, NM.
    What is the asking price?
    The asking price for this property is $129,500.
    (575) 626-5403
    Request Owner's contact information
    306 Richardson Ave Roswell, NM 88201
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    Roswell, NM 88201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    306 Richardson Ave Roswell, NM 88201
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