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    424 Brasher Rd Roswell, NM 88203

    For Sale
    $449,550

    Prime Chaves County commercial land. Excellent investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 29.97-acre commercial land parcel is strategically located at 424 E Brasher Road in Roswell, New Mexico, zip code 88203. Situated in Chaves County, this property presents a significant opportunity for developers and investors seeking a substantial land holding in a growing area. The expansive acreage offers considerable potential for a wide range of commercial ventures, from industrial development to retail spaces, or even a mixed-use project. The property's location provides easy access to major transportation routes, enhancing its appeal for businesses requiring convenient logistics. With its considerable size and prime location, this land parcel represents a rare and valuable investment opportunity in the Roswell, New Mexico market. The asking price for this remarkable property is $449,550. Detailed site surveys and environmental assessments are recommended for prospective buyers to fully understand the development potential and any associated considerations. This property is being offered as-is. Don't miss this chance to acquire a significant piece of commercial real estate in a thriving New Mexico community. Contact us today to schedule a site visit and explore the possibilities.

    Property Features for 424 Brasher Rd

    General Information

    Property type
    Land
    Lot Size
    1,305,493 SF

    HighLights

    • $449,550 asking price.
    • 29.97‑acre commercial land parcel.
    • Located at 424 E Brasher Road, Roswell, NM 88203.
    • Chaves County, New Mexico location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Accounting Firm Wholesale Shop Daycare Center Kitchen & Bath Department Store Hotel & Motel Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.5189315
    Latitude
    33.3499317

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    FAQs

    What type of property is this?
    Land - Prime Chaves County commercial land. Excellent investment opportunity.
    Where is this land located?
    The property is located at 424 Brasher Rd Roswell, NM.
    What is the asking price?
    The asking price for this property is $449,550.
    What are key features of this property?
    This property features: $449,550 asking price.; 29.97-acre commercial land parcel.; Located at 424 E Brasher Road, Roswell, NM 88203.
    Request Owner's contact information
    424 Brasher Rd Roswell, NM 88203
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    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
    424 Brasher Rd Roswell, NM 88203
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