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    1000 2 St Cor Acme, NM 88201

    For Sale
    $750,000

    Prime Roswell location, high traffic, ample parking.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial property, located at 1000 W 2nd St Corner in Roswell, New Mexico, presents a unique investment opportunity. Priced at $750,000, this 32,166 square foot lot boasts an excellent corner location with high visibility and busy traffic flow. Currently operating as a restaurant, the building, constructed in 1977, offers significant flexibility for future use. The property includes 41 on-site parking spaces, providing ample accommodation for customers and employees. Its adaptable design allows for conversion into various commercial ventures, including a medical complex or other retail businesses. An attractive feature is the adjacency to a separate, available asphalt parking lot at 103 N Delaware, containing an additional 54 parking spaces. This adjacent lot offers the potential for overflow parking, significantly enhancing the property's capacity and appeal to a wide range of potential tenants or owners. The property's prime location in Chaves County, with its zip code 88201, ensures easy access and strong visibility within the Roswell community. This versatile property is ideal for investors seeking a high-traffic location with significant development potential. The combination of existing infrastructure and the potential for expansion makes this a compelling investment opportunity in a thriving New Mexico market.

    Property Features for 1000 2 St Cor

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1977

    HighLights

    • $750,000 asking price.
    • 32,166 sq ft lot.
    • Retail property, currently a restaurant.
    • Built in 1977.
    • Excellent corner location with high traffic.
    • 41 on‑site parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Acme
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.3791912
    Latitude
    33.5744944

    Nearby Comparable

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      Roswell Commercial Land - 1.37 Acres

      Prime 1.37-acre commercial lot in Roswell, NM.
      1409 Gdn St, Acme, NM 88201
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    • Contact for pricing
      5.04 Acres

      Roswell Land: 5.04 Acres

      Prime Chaves County acreage, ideal for development.
      4 Blk 6, Acme, NM 88201
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    • $39,000

      Roswell Land: Prime Business Lot

      7,938 sq ft R3 Zoned Lot, Owner Financing
      1901 Main St, Acme, NM 88201
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    FAQs

    What type of property is this?
    Restaurant - Prime Roswell location, high traffic, ample parking.
    Where is this restaurant located?
    The property is located at 1000 2 St Cor Acme, NM.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price.; 32,166 sq ft lot.; Retail property, currently a restaurant.
    Request Owner's contact information
    1000 2 St Cor Acme, NM 88201
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    Acme, 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
    1000 2 St Cor Acme, NM 88201
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