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    00 19Th St Roswell, NM 88201-0000

    For Sale
    $324,900

    1.6-Acre Commercial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.596-acre commercial land parcel presents a remarkable investment opportunity in Roswell, New Mexico. Located at 00 E 19th Street, this property boasts a highly desirable location, situated directly behind a Walgreens and just off Main Street, ensuring high visibility and significant foot traffic. The property's C-2 zoning allows for a wide range of commercial uses, providing flexibility for potential development. The expansive lot size offers ample space for various projects, from retail establishments to office buildings or other commercial ventures. Its strategic placement in a bustling area guarantees excellent accessibility and exposure to a substantial customer base. The asking price of $324,900 represents a compelling value for this prime commercial real estate in a growing New Mexico market. This is an exceptional chance to acquire a well-positioned property with significant potential for future growth and profitability within Chaves County. The address is 00 E 19th Street, Roswell, NM 88201-0000. The property's coordinates are latitude 33.4159834 and longitude -104.4966649.

    Property Features for 00 19Th St

    General Information

    Property type
    Land
    Lot Size
    69,522 SF

    HighLights

    • 1.596‑acre commercial land parcel in Roswell, NM.
    • Highly visible location behind a Walgreens, off Main Street, ensuring high foot traffic.
    • C‑2 zoning allows for diverse commercial uses.
    • Ample space for various commercial developments.
    • $324,900 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.4966649
    Latitude
    33.4159834

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    FAQs

    What type of property is this?
    Land - 1.6-Acre Commercial Lot, Prime Location
    Where is this land located?
    The property is located at 00 19Th St Roswell, NM.
    What is the asking price?
    The asking price for this property is $324,900.
    What are key features of this property?
    This property features: 1.596-acre commercial land parcel in Roswell, NM.; Highly visible location behind a Walgreens, off Main Street, ensuring high foot traffic.; C-2 zoning allows for diverse commercial uses.
    Request Owner's contact information
    00 19Th St Roswell, NM 88201-0000
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    Roswell, NM 88201-0000
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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
    00 19Th St Roswell, NM 88201-0000
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