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    6010 Main Hwy Roswell, NM 88203

    For Sale
    $765,000

    Prime Roswell location, development potential, unique opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 51-acre commercial land parcel presents a rare investment opportunity in Roswell, New Mexico. Located at the key intersection of SE Main Highway (US 285) and Hobson Road, this property boasts significant development potential. Previously used as a sand pit, the existing excavation represents a substantial cost savings for future projects. Envisioned uses include a water park, capitalizing on the pre-existing excavation

    Property Features for 6010 Main Hwy

    General Information

    Property type
    Land

    HighLights

    • 51‑acre commercial land parcel in Roswell, NM, ideal for development.
    • Prime location at the intersection of US 285 and Hobson Road.
    • Significant cost savings due to pre‑existing excavation from prior sand pit use.
    • Development potential includes a water park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.5080695
    Latitude
    33.3450148

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    FAQs

    What type of property is this?
    Land - Prime Roswell location, development potential, unique opportunity.
    Where is this land located?
    The property is located at 6010 Main Hwy Roswell, NM.
    What is the asking price?
    The asking price for this property is $765,000.
    What are key features of this property?
    This property features: 51-acre commercial land parcel in Roswell, NM, ideal for development.; Prime location at the intersection of US 285 and Hobson Road.; Significant cost savings due to pre-existing excavation from prior sand pit use.
    Request Owner's contact information
    6010 Main Hwy 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
    6010 Main Hwy Roswell, NM 88203
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