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    201 3Rd St Roswell, NM 88201

    For Sale
    $209,000

    High-visibility corner retail, 1330 sq ft.

    Property size:
    1,330 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 1,330 square foot retail property is ideally situated on the highly visible corner of West Third Street and North Richardson Avenue in the heart of downtown Roswell, New Mexico. Boasting a prime location with excellent street frontage, this commercial space offers significant potential for a variety of businesses. The layout includes a spacious reception area, perfect for welcoming clients or customers, and three separate offices or showroom areas, providing ample flexibility for different operational needs. A small kitchen area adds convenience, while a compact basement offers valuable storage space. The property sits on a 0.03-acre lot, providing convenient access and visibility. The asking price for this well-located and versatile retail space is $209,000. This presents a unique opportunity to establish or expand a business in a thriving downtown area. The property's prominent location and functional layout make it an attractive investment for entrepreneurs seeking a strong foothold in the Roswell market. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers.

    Property Features for 201 3Rd St

    General Information

    Property type
    Retail properties
    Square Feet
    1,330 SF
    Lot Size
    1,307 SF

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.525
    Latitude
    33.39561

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    FAQs

    What type of property is this?
    Retail property - High-visibility corner retail, 1330 sq ft.
    Where is this retail property located?
    The property is located at 201 3Rd St Roswell, NM.
    What is the asking price?
    The asking price for this property is $209,000.
    (575) 626-5403
    Request Owner's contact information
    201 3Rd 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
    201 3Rd St Roswell, NM 88201
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