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Property profile & analytics
OFF-MARKET
Land

2700 Main St Roswell, NM 88203

5.05 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.054-acre commercial land parcel presents a remarkable investment opportunity in Roswell, New Mexico. Strategically located on South Main Street, the property boasts an impressive 1258 feet of frontage, providing exceptional visibility and accessibility. Its expansive size makes it suitable for a variety of development projects, including a shopping center or multiple individual businesses. The property's location is further enhanced by its proximity to a thriving residential area. A housing subdivision with over 100 home lots is actively under construction immediately west of the property, ensuring a strong and growing customer base for any commercial development. This presents a unique opportunity to capitalize on the area's expanding residential population and increasing demand for commercial services. The seller is open to considering the division of the property into smaller parcels, offering flexibility for investors with varying needs and project scopes. The asking price for this exceptional property is $716,350. Located in Chaves County, New Mexico, with a zip code of 88203, this property offers significant potential for substantial returns. The coordinates are 33.3617611 latitude and -104.5231717 longitude.

Property profile
Verified
Property type Land
Lot 5.05 ac (220,152 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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