00 Tierra Berrenda Dr Roswell, NM 88201
This exceptional 13.522-acre commercial land parcel presents a remarkable opportunity for development in Roswell, New Mexico. Located at 00 W Tierra Berrenda Drive, this property boasts a prime Northwest location, offering excellent visibility and accessibility. The asking price is $3,780,000. Situated in Chaves County, with a zip code of 88201, the land enjoys easy access from Main Street, providing convenient access and strong visual appeal as it crosses the Berrendo River Bridge. The seller is open to exploring options for dividing the acreage to better suit individual development plans. This area is experiencing significant growth, with several new commercial buildings recently constructed and additional businesses planned for the near future. This makes this property ideally suited for a variety of commercial ventures, offering investors a chance to capitalize on the area's upward trajectory. The property's size and location make it an exceptional investment opportunity for those seeking to establish a new business or expand existing operations in a thriving commercial zone. The latitude and longitude coordinates are 33.4436125 and -104.5240102 respectively. This is a blank canvas for your next commercial project.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.