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    1422 2Nd St Roswell, NM 88201

    For Sale
    $93,000

    High-traffic location, owner financing available.

    Property size:
    5,249 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 5,249 square foot commercial property, situated on a 0.34-acre lot at 1422 W 2nd Street in Roswell, New Mexico, presents a unique redevelopment opportunity. Located on a high-traffic road, this property boasts significant potential for a variety of commercial ventures. The existing structure offers a blank canvas for ambitious entrepreneurs seeking to establish a new business or revitalize an existing one. The generous lot size provides ample space for expansion or additional development. This prime location ensures high visibility and accessibility, making it an ideal choice for businesses seeking maximum exposure. The asking price is $93,000, and attractive owner financing options are available, making this an exceptionally accessible investment. Don't miss this rare chance to acquire a highly desirable commercial property in a thriving Roswell location. The property's strategic positioning and the availability of owner financing make this an unparalleled opportunity for investors and developers alike. Act quickly to secure this exceptional investment.

    Property Features for 1422 2Nd St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,249 SF
    Lot Size
    14,810 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.543
    Latitude
    33.3938

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, owner financing available.
    Where is this commercial real estate located?
    The property is located at 1422 2Nd St Roswell, NM.
    What is the asking price?
    The asking price for this property is $93,000.
    (575) 910-0827
    Request Owner's contact information
    1422 2Nd St 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
    1422 2Nd St Roswell, NM 88201
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