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    806 Union Ave Roswell, NM 88201

    For Sale
    $530,000

    Prime Roswell location, 25,200 sq ft lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional commercial property, located at 806 N Union Avenue in Roswell, New Mexico, presents a unique investment opportunity. The property encompasses a substantial 25,200 square foot lot and a building constructed approximately in 1980. Previously utilized as four separate doctors' offices (two per unit), the building offers versatile potential. It can easily function as two distinct office spaces or be adapted into a single, larger office area. The structure is in sound condition, possessing "good bones" as described by the previous owner, and is suitable for conversion to other commercial uses. A significant advantage is the abundance of restrooms within the building, catering to various business needs. Furthermore, the sale includes a large, dedicated parking lot situated west of the main building, providing ample parking for employees and clients. The property is zoned for commercial use and is located in Chaves County, New Mexico, zip code 88201. While the year of construction is estimated as 1980, the exact date is undetermined. Prospective buyers are encouraged to conduct their own due diligence to verify all aspects of the property. This property offers a compelling blend of location, size, and adaptability, making it an attractive proposition for a wide range of commercial ventures. The asking price is $530,000.

    Property Features for 806 Union Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1980

    HighLights

    • 25,200 square foot lot in Roswell, NM.
    • ±25,200 SF building, circa 1980, previously used as four doctor's offices.
    • Adaptable floorplan; easily converted to two or one large office space.
    • Ample parking in dedicated lot west of building.
    • $530,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store 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
    -104.53667
    Latitude
    33.4018203

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Roswell location, 25,200 sq ft lot.
    Where is this office property / space located?
    The property is located at 806 Union Ave Roswell, NM.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: 25,200 square foot lot in Roswell, NM.; ±25,200 SF building, circa 1980, previously used as four doctor's offices.; Adaptable floorplan; easily converted to two or one large office space.
    Request Owner's contact information
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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
    806 Union Ave Roswell, NM 88201
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