1000 2 St Cor Acme, NM 88201
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 1000 2 St Cor
- Year built
- 1977
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional commercial property, located at 1000 W 2nd St Corner in Roswell, New Mexico, presents a unique investment opportunity. Priced at $750,000, this 32,166 square foot lot boasts an excellent corner location with high visibility and busy traffic flow. Currently operating as a restaurant, the building, constructed in 1977, offers significant flexibility for future use. The property includes 41 on-site parking spaces, providing ample accommodation for customers and employees. Its adaptable design allows for conversion into various commercial ventures, including a medical complex or other retail businesses. An attractive feature is the adjacency to a separate, available asphalt parking lot at 103 N Delaware, containing an additional 54 parking spaces. This adjacent lot offers the potential for overflow parking, significantly enhancing the property's capacity and appeal to a wide range of potential tenants or owners. The property's prime location in Chaves County, with its zip code 88201, ensures easy access and strong visibility within the Roswell community. This versatile property is ideal for investors seeking a high-traffic location with significant development potential. The combination of existing infrastructure and the potential for expansion makes this a compelling investment opportunity in a thriving New Mexico market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Acme
- County
- Chaves
- State
- New Mexico
- Longitude
- -104.379
- Latitude
- 33.5745