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    3000 Kentucky Ave Roswell, NM 88201

    For Sale
    $250,000

    Prime Roswell land, R-3 zoning, subdivision potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 9.74-acre parcel is situated at the end of North Kentucky Avenue, off West Mescalero in Roswell, New Mexico, zip code 88201. The property is conveniently located at 33.4343928 latitude and -104.5274881 longitude within Chaves County. Currently zoned R-3, this large tract presents a significant opportunity for development. Its expansive size makes it ideally suited for a subdivision project, offering considerable potential for future growth and return on investment. The asking price for this remarkable property is $250,000. Serious inquiries are encouraged to explore the possibilities this land offers. Further details regarding the zoning regulations and development potential are readily available upon request. This is a rare opportunity to acquire a substantial land holding in a desirable location within Roswell, New Mexico. Don't miss out on this chance to secure a prime piece of real estate with exceptional potential.

    Property Features for 3000 Kentucky Ave

    General Information

    Property type
    Land
    Lot Size
    424,274 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.5274881
    Latitude
    33.4343928

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    FAQs

    What type of property is this?
    Land - Prime Roswell land, R-3 zoning, subdivision potential.
    Where is this land located?
    The property is located at 3000 Kentucky Ave Roswell, NM.
    What is the asking price?
    The asking price for this property is $250,000.
    (575) 622-0021
    Request Owner's contact information
    3000 Kentucky Ave Roswell, NM 88201
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    Roswell, 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
    3000 Kentucky Ave Roswell, NM 88201
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