306 Richardson Ave Roswell, NM 88201
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.
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Southeastern New Mexico Down Charitable Organization Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.