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    2Nd St Roswell, NM 88203

    For Sale
    $67,000

    Prime 20,160 sq ft lot in Roswell, NM.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 20,160 square foot land parcel presents a unique opportunity for development in the desirable city of Roswell, New Mexico. Located conveniently off 2nd W Street, this property boasts an ideal location for a variety of projects. The expansive lot size offers ample space for residential construction, commercial ventures, or other development possibilities. With its convenient access to local amenities and infrastructure, this property is poised for immediate development. The asking price of $67,000 represents a compelling investment opportunity in a growing New Mexico market. The address is 2nd W Street, Roswell, NM, zip code 88203, Chaves County. The property's geographical coordinates are latitude 33.2662245 and longitude -104.0072348. This is a blank canvas ready for your vision. Don't miss this chance to secure a prime piece of land in a thriving community. Act quickly, as opportunities like this are rare. The property is zoned for [Zoning information not provided, therefore cannot be included]. All utilities are [Utility information not provided, therefore cannot be included]. Buyers are responsible for conducting their own due diligence.

    Property Features for 0 2Nd St

    General Information

    Property type
    Land

    HighLights

    • $67,000 asking price for this land parcel.
    • 20,160 square foot lot.
    • Located in Roswell, New Mexico, zip code 88203.
    • Situated off 2nd Street.
    • Ideal location for new construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    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 20,160 sq ft lot in Roswell, NM.
    Where is this land located?
    The property is located at 2Nd St Roswell, NM.
    What is the asking price?
    The asking price for this property is $67,000.
    What are key features of this property?
    This property features: $67,000 asking price for this land parcel.; 20,160 square foot lot.; Located in Roswell, New Mexico, zip code 88203.
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    2Nd St 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
    2Nd St Roswell, NM 88203
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