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Property profile & analytics
OFF-MARKET
Land

3701 Main St Roswell, NM 88201

1.13 ac lot
Property ID
Property summary
AI-generated overview

This 1.13-acre commercial land parcel, located at 3701 North Main Street, Roswell, NM 88201 (APN 003360), presents a compelling development opportunity. Zoned C2 Community Commercial, this property boasts a high-traffic location on North Main Street, situated near established businesses including Discount Tire and Kids Dental. Its proximity to major retail anchors like Walmart, Sam's Club, and a shopping mall ensures high visibility and accessibility. The lot benefits from platted and recorded shared 30-foot access and utility easements from Main Street, along with an additional 10-foot utility easement on the east side. While water and sewer are not currently tapped, they are readily accessible. New Mexico Gas lines are nearby, and communication lines are already in place. The property also fronts Tierra Berrendo Drive to the south, offering potential for direct paved road access, though city paving requirements may apply. This location is ideal for retail, medical, or hospitality ventures. The asking price is $402,000. This exceptional opportunity combines prime location, convenient utilities, and C2 zoning for a variety of commercial uses. Don't miss this chance to establish your business in a thriving Roswell commercial corridor.

Property profile
Verified
Property type Land
Lot 1.13 ac (49,223 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Discount Tire (Bike/Boat/Book/etc) Store Auto Parts Store
  • The Machine Shop, Inc. Industrial Manufacturer
  • Pecos Valley Machine Company, Inc Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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