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Property profile & analytics
OFF-MARKET
Land

424 Brasher Rd Roswell, NM 88203

1 SF 40 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40-acre parcel of land, located at 424 E Brasher Rd in Roswell, New Mexico (zip code 88203), presents a unique opportunity for commercial or industrial development. Currently zoned RS, it's convertible to C1 or I1 zoning, offering significant flexibility for a wide range of projects. The property boasts a substantial lot size, providing ample space for large-scale ventures. The asking price is $449,550, representing a compelling value given the land's size and potential. Situated in a burgeoning new industrial/commercial development area, this location offers excellent growth prospects. The property is offered as an estate sale, providing a clear and straightforward ownership transfer. With its strategic location in Chaves County, New Mexico, and its versatile zoning potential, this land is ideally suited for businesses seeking to establish a significant presence in a rapidly developing area. The coordinates are 33.3499317 latitude and -104.5189315 longitude. This is a for-sale-by-owner opportunity. Serious inquiries only.

Property profile
Verified
Property type Land
Total area 1 SF
Lot 40 ac (1,742,400 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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