Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Roswell Mall Retail/Office/Entertainment Space Title is generated by Realmo AI

    4501 North Main, Roswell, NM 88201

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Versatile 12,500 SF space in Roswell Mall.

    Type:Retail
    Property size:
    12,500 SF
    Added:
    Mar 5, 2026
    Days on Market:
    74
    Last Refresh:
    Apr 5 at 8:11 pm

    Property Features for 4501 North Main

    General Information

    Standard status
    Active
    Size
    12,500 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Grayson Chilton
    Grayson Chilton

    Listing agent Grayson Chilton

    Listing office Ashley Group Commercial Real Estate

    Listing date Mar 5, 2026

    Source Ashleygroupproperties

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Ashley Group Commercial Real Estate

    HighLights

    • Spacious 12,500 SF, ideal for retail, office, medical call center, sports complex, or entertainment ventures.
    • Located in Roswell Mall, a premier destination in southeastern New Mexico.
    • Enjoy the convenience of a mall setting alongside national retailers.
    • Anchored by major retailers including JC Penney, Hobby Lobby, and Marshall’s.
    • Dimensions: 101 ft wide x 125 ft deep.
    • Find us at 4501 N. Main St., Roswell, NM.

    Overview

    Located at 4501 N. Main St. in Roswell, New Mexico, this 12,500 square foot space is situated at the back of the Roswell Mall, adjacent to Allen Theaters. The dimensions of the space are 101 feet wide by 125 feet deep. The Roswell Mall features a mix of national retailers, including JC Penney, Stage, Hobby Lobby, Marshall’s, and the Galaxy 8 Theatre. The mall serves as a destination for the entire southeastern New Mexico area, offering options for relaxation, shopping for fashions, sporting goods, beauty supplies, and craft needs. This space is suitable for retail, office, medical call center, sports complex, and entertainment uses. Additional monthly costs include CAM at $1.61 per square foot, insurance at $0.43 per square foot, and taxes at $0.36 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Total Productions (Bike/Boat/Book/etc) Store Let's Play Entertainment Theater & Performing Art Venue bealls (Bike/Boat/Book/etc) Store RPD North Sub ... Electrical Substation Roswell CrossFit Gym & Fitness Center

    Suggested Use

    Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Gym & Fitness Center Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.523
    Latitude
    33.4506

    Nearby Similar for Lease

    • Contact for pricing
      9,000 SF

      Roswell Mall Retail Space Available

      Retail space available in Roswell Mall with national retailers.
      4501 North Main, Roswell, NM 88201
      View Details
    • Contact for pricing
      7,251 SF

      Roswell Mall Retail Space

      7,251 SF retail space in Roswell Mall available for rent.
      4501 North Main, Roswell, NM 88201
      View Details
    • $9 SF/Yr
      53,662 SF

      Retail Space in Main Place

      Available junior box in Roswell's retail corridor.
      2601 N. Main Street, Roswell, NM 88201
      View Details
    • Contact for pricing
      25,000 SF

      Roswell Mall Retail/Office/Medical Space

      25,000 SF space suitable for retail, office, or medical use.
      4501 North Main, Roswell, NM 88201
      View Details
    • Contact for pricing

      Roswell Mall Retail Opportunity

      Retail spaces available within Roswell Mall with national retailers.
      4501 North Main, Roswell, NM 88201
      View Details
    • $18 SF/Yr
      2,162 SF

      Roswell Retail Space For Rent

      Retail space available in high-traffic Roswell shopping center.
      2801 N Main St, Roswell, NM
      View Details
    • $5,000/Mo
      3,029 SF

      Retail Space on Signalized Corner

      Retail property suitable for fast food or financial institution.
      3211 N Main St, Roswell, NM
      View Details
    • Contact for pricing
      919 SF

      Roswell Restaurant with Drive-Thru

      Freestanding restaurant with drive-thru on high-traffic N Main Street.
      2407 N Main St, Roswell, NM
      View Details
    • Contact for pricing
      191,815 SF

      Roswell Warehouse/Distribution Space Available

      Large manufacturing/industrial/distribution warehouse in Southeastern New Mexico.
      3911 S Main St, Roswell, NM
      View Details
    • $3,000/Mo
      1,800 SF

      Retail Space Near Roswell Mall

      Retail space with high visibility near major retailers.
      4504 N Main St, Roswell, NM
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Located on Main St, near Walmart and Roswell Mall.
      4511 N Main St, Roswell, NM 88201
      View Details
    • Contact for pricing
      25,812 SF

      Affordable Multifamily Asset For Rent

      60-unit Roswell, New Mexico multifamily asset with HAP contract.
      1515 S Sunset Ave, Roswell, NM
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile 12,500 SF space in Roswell Mall.
    Where is this retail space located?
    The property is located at 4501 North Main Roswell, NM.
    What are key features of this property?
    This property features: Spacious 12,500 SF, ideal for retail, office, medical call center, sports complex, or entertainment ventures.; Located in Roswell Mall, a premier destination in southeastern New Mexico.; Enjoy the convenience of a mall setting alongside national retailers.
    (501) 758-7745
    We can help!
    Listing Contact
    Grayson Chilton
    Grayson Chilton
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4501 North Main, Roswell, NM 88201
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!