1518 Michigan Ave Roswell, NM 88201
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 1518 Michigan Ave
- Property type
- Commercial real estate
Description
This exceptional 7,509 square foot land parcel presents a remarkable opportunity for development in Roswell, New Mexico. Located at 1518 N Michigan Avenue, this property boasts a desirable northwest Roswell address, nestled between existing residential homes. The convenient location offers easy access to nearby utilities, simplifying the construction process and reducing potential development costs. The lot's size provides ample space for a variety of projects, from single-family homes to smaller multi-family dwellings, making it an attractive investment for builders and developers alike. Zoned for residential use (verification recommended), this property is ready for immediate development. Its strategic location within a well-established neighborhood offers a blend of tranquility and accessibility, appealing to a wide range of potential buyers. The asking price of $15,000 represents a compelling value for a property of this size and location in Roswell, New Mexico. This is a rare chance to acquire a prime piece of land in a growing community, offering significant potential for future appreciation. The property is situated in Chaves County, New Mexico, with a zip code of 88201. Don't miss this chance to secure this valuable asset. Further due diligence is recommended to confirm zoning and utility availability.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roswell
- County
- Chaves
- State
- New Mexico
- Longitude
- -104.533909
- Latitude
- 33.410124
