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    Property profile & analytics

    806 Union Ave Roswell, NM 88201

    • Medical offices
    • 8,909 SF
    For Sale
    View listing
    $530,000
    Value Estimation
    Location Intelligence
    Property ID
    US61-0481803
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Medical offices

    Property Details for 806 Union Ave

    Year built
    1980
    Property size
    8,909 SF
    Property type
    Medical offices

    Description

    This 8,909 square foot medical office building in Roswell, New Mexico, is available for $530,000. Located at 806 N Union Ave, zip code 88201, this Class C property was built approximately in 1980 and is currently vacant. Previously configured as four separate doctors' offices (two per side), the building offers flexibility for a single large tenant or continued use as multiple suites. The property boasts ample restroom facilities and a significant, additional parking lot situated west of the building. The building's structure is sound, presenting opportunities for conversion to other uses. The listed square footage is approximate; potential buyers should conduct their own due diligence to verify all aspects of the property. The price per square foot is $59.49. The property is situated in Chaves County.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.53608414382
    Latitude
    33.402026377934

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    Roswell, 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
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