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    304 Rowland Dr Roswell, NM 88203

    For Sale
    $40,000

    Prime 11,064 sq ft lot in Roswell, NM.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 11,064.24 square foot lot, located at 304 Rowland Drive in Roswell, New Mexico, presents a fantastic opportunity for building your dream home. Situated in Chaves County, zip code 88203, this property offers a spacious canvas for your ideal construction project. The lot's generous size provides ample room for a substantial residence, along with landscaping and outdoor amenities. A key advantage is the proximity to essential utilities, simplifying the construction process and reducing potential costs associated with utility extensions. The address is conveniently located within Roswell, offering easy access to local amenities, schools, and services. This is a rare opportunity to acquire a sizable, buildable lot in a desirable location. The asking price for this property is $40,000. Don't miss out on this chance to create your perfect home in a thriving community. The geographic coordinates are 33.2662245 latitude and -104.0072348 longitude. This property is classified as land and is ready for immediate development.

    Property Features for 304 Rowland Dr

    General Information

    Property type
    Land

    HighLights

    • $40,000 asking price for 11,064.24 sq ft land parcel.
    • Located at 304 Rowland Drive, Roswell, NM 88203.
    • Buildable lot with utilities nearby.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop 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
    -104.0072348
    Latitude
    33.2662245

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    FAQs

    What type of property is this?
    Land - Prime 11,064 sq ft lot in Roswell, NM.
    Where is this land located?
    The property is located at 304 Rowland Dr Roswell, NM.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: $40,000 asking price for 11,064.24 sq ft land parcel.; Located at 304 Rowland Drive, Roswell, NM 88203.; Buildable lot with utilities nearby.
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    304 Rowland Dr 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
    304 Rowland Dr Roswell, NM 88203
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