Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    175 Knubbin Road, Roswell, NM 88201

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Farms

    Type:Land
    Property size:
    5,000 SF
    Lot size:
    125.00 Acres
    Price / SF:
    $117/SF
    Added:
    Aug 23, 2024
    Days on Market:
    639
    Last Refresh:
    May 12 at 9:59 pm

    Property Features for 175 Knubbin Road

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Lot size
    125.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Venessa Ruiz

    Listing agent Venessa Ruiz

    Listing office Keller Williams Roswell

    Listing date Aug 23, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Roswell

    HighLights

    • 125‑acre farm/ranch featuring deep, silt‑loam crop soil and 10.9 acre‑feet of water rights.
    • Includes two residences: a spacious 3000 SF main house and a guest house.
    • Energy‑efficient adobe‑style homes are built with steel‑frame infrastructure and strawbale insulation.
    • The main house boasts solar panels, vaulted ceilings, 3 fireplaces, and a 2000 SF basement ready to be finished.
    • Property comes complete with multiple horse pastures, tack & feed room, and a round corral.
    • Enjoy a secluded location just 10 miles north of Roswell with panoramic views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.5009402
    Latitude
    33.6247706

    Nearby Similar for Sale

    • $250,000
      4,397 SF

      Roswell Retail Property with Bay

      Prime Roswell retail property featuring storefront, restrooms, and fenced lounge.
      314 N Richardson Avenue, Roswell, NM 88201
      View Details
    • $425,000

      Roswell Income-Producing Tiny Home Village

      Income-producing tiny home village with expansion potential in Roswell, NM.
      208 E Mathews Street, Roswell, NM 88203
      View Details
    • $150,000
      4,534 SF

      Roswell Commercial Building For Sale

      Versatile commercial building in high-traffic area with owner financing.
      1501 W 2nd Street, Roswell, NM 88201
      View Details
    • $1,500,000
      71,526 SF

      Roswell Icon: Convertible Office Building

      Eight-story office building with development potential in downtown Roswell.
      200 W 1st St, Roswell, NM
      View Details
    • $2,250,000
      6,746 SF

      Roswell NNN Leased Dental Asset

      NNN leased dental asset with attractive lease terms.
      2000 N Union Ave, Roswell, NM
      View Details
    • $1,500,000
      1,858 SF

      Profitable Car Wash Business Opportunity

      Established car wash business for sale on Main Street.
      1808 S Main St, Roswell, NM
      View Details
    • $120,000
      2,702 SF

      Roswell Auto Shop For Sale

      Auto shop with paint booth and hydraulic frame lift.
      401 E 2nd Street, Roswell, NM 88201
      View Details
    • $530,000

      Versatile Office Building with Parking

      Adaptable office building suitable for medical or professional use.
      806 N Union Avenue, Roswell, NM 88201
      View Details
    • $690,000

      Modern Office Space For Sale

      Professional office space with ample parking and modern amenities.
      115 E 23rd Street, Roswell, NM 88201
      View Details
    • $749,000

      Corner Commercial Property For Sale

      Commercial property with parking, suitable for various business types.
      1000 W 2nd St Corner, Roswell, NM 88201
      View Details
    • $606,000

      Mixed-Use Property For Sale

      Mixed-use property available for purchase.
      444 E Brasher Road, Roswell, NM 88203
      View Details
    • $450,000

      Roswell Night Club Opportunity

      Night club property with potential for country western theme.
      4404 SE Main Street, Roswell, NM 88203
      View Details

    FAQs

    Where is this farm located?
    The property is located at 175 Knubbin Road Roswell, NM.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: 125‑acre farm/ranch featuring deep, silt‑loam crop soil and 10.9 acre‑feet of water rights.; Includes two residences: a spacious 3000 SF main house and a guest house.; Energy‑efficient adobe‑style homes are built with steel‑frame infrastructure and strawbale insulation.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Venessa Ruiz
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    175 Knubbin Road, Roswell, NM 88201
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!