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    1409 Gdn St Acme, NM 88201

    Sponsored
    For Sale
    $350,000

    Prime 1.37-acre commercial lot in Roswell, NM.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.37-acre commercial land parcel, located at 1409 N Garden Street in Roswell, New Mexico (zip code 88201), presents a compelling investment opportunity. Situated on a high-traffic corner at the intersection of N. Garden Street and E. College Boulevard, this property boasts excellent visibility and accessibility. The land is comprised of two tracts totaling approximately 1.37 acres and is zoned for commercial development. Built in 1965, this property offers significant potential for a variety of commercial uses. Its strategic location is further enhanced by the proximity of established businesses, including Allsups, a veterinary clinic, Culligan, and New Mexico Gas Company. This prime location ensures high visibility and convenient access for potential businesses. The asking price is $350,000, and financing options may be available. This is an exceptional opportunity to acquire a well-positioned commercial property in a thriving area of Roswell, New Mexico. Serious inquiries are encouraged. The property is conveniently located in Chaves County.

    Property Features for 1409 Gdn St

    General Information

    Property type
    Land
    Lot Size
    59,677 SF

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Acme
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.3791912
    Latitude
    33.5744944

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime 1.37-acre commercial lot in Roswell, NM.
    Where is this land located?
    The property is located at 1409 Gdn St Acme, NM.
    What is the asking price?
    The asking price for this property is $350,000.
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    1409 Gdn St Acme, 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
    1409 Gdn St Acme, NM 88201
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