Property profile

2116 Sunstet Ave Roswell, NM 88203

OFF-MARKET
Retail properties & Spaces
4.22 ac lot Built 1971
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Property summary

AI-generated overview

This exceptional commercial property, located at 2116 S Sunset Avenue in Roswell, New Mexico, presents a unique investment opportunity. The 4.22-acre lot offers significant potential for a variety of commercial ventures. The existing building provides approximately 880 square feet of office space, ideal for a startup or small business. Constructed in 1971, the property benefits from existing infrastructure. A significant portion of the land, approximately 1.4 acres, is already fenced, providing ample space for parking or secure storage. The property's zoning is suitable for commercial uses, including retail, business, or other commercial entities. The property's address is 2116 S Sunset Avenue, Roswell, NM 88203, situated in Chaves County. The asking price for this versatile property is $190,000. This is an excellent opportunity to acquire a well-located commercial property with existing improvements and significant development potential in a growing New Mexico market. The property's convenient location and ample space make it an attractive option for businesses seeking a strong foothold in Roswell.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1971
Lot 4.22 ac (183,823 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2116 Sunstet Ave Roswell, NM 88203
Roswell metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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