1000 2 St Cor Acme, NM 88201
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.