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    000 Washington St Roswell, NM 88203

    For Sale
    $487,000

    Prime Roswell development land.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 17.97-acre parcel is located at 000 S Washington Street, Roswell, New Mexico, 88203. Zoned for [Zoning information not provided], this expansive property presents a remarkable opportunity for various development projects. The land's size allows for significant flexibility in design and construction, catering to a wide range of uses. Its location in Roswell offers convenient access to city amenities, infrastructure, and transportation networks. The asking price for this substantial land holding is $487,000. This represents a compelling investment prospect for developers, builders, or investors seeking a large-scale project in a growing New Mexico city. Note that the seller also owns an adjacent lot located at 505 W Brasher, Roswell, NM 88203. Interested parties are encouraged to conduct their own due diligence regarding zoning regulations, utility access, and environmental considerations. This property is being offered as-is. Detailed surveys and site plans are available upon request. The geographical coordinates are 33.360813 latitude and -104.532235 longitude. This is a rare opportunity to acquire a significant land parcel in a desirable location. Contact us today to learn more about this exciting development opportunity.

    Property Features for 000 Washington St

    General Information

    Property type
    Land
    Lot Size
    782,773 SF

    HighLights

    • 17.97‑acre parcel located at 000 S Washington Street, Roswell, NM 88203, priced at $487,000.
    • Suitable for various development projects due to its size and location.
    • Convenient access to city amenities and infrastructure.
    • Seller also owns an adjacent lot at 505 W Brasher, Roswell, NM 88203.
    • Property offered as‑is; buyer to conduct due diligence.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.532235
    Latitude
    33.360813

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    FAQs

    What type of property is this?
    Land - Prime Roswell development land.
    Where is this land located?
    The property is located at 000 Washington St Roswell, NM.
    What is the asking price?
    The asking price for this property is $487,000.
    What are key features of this property?
    This property features: 17.97-acre parcel located at 000 S Washington Street, Roswell, NM 88203, priced at $487,000.; Suitable for various development projects due to its size and location.; Convenient access to city amenities and infrastructure.
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    000 Washington St Roswell, NM 88203
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    Roswell, NM 88203
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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
    000 Washington St Roswell, NM 88203
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