Property profile

5901 Main St Roswell, NM 88203

OFF-MARKET
Land
1.36 ac lot
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Property summary

AI-generated overview

This exceptional 1.361-acre commercial lot is ideally situated at 5901 S Main Street in Roswell, New Mexico, 88203, in Chaves County. Zoned for Commercial/Industrial use, this property presents a fantastic opportunity for a variety of businesses. Located just south of a Dollar General store, it benefits from high traffic volume, particularly due to its proximity to the Air Center entrance. The asking price is $192,677, translating to a land value of $3.25 per square foot. Utilities are readily available, making this site immediately ready for development. The property is owned by Ranchline Syndications and is being offered for sale by owner. The seller is open to considering a real estate contract with flexible down payment and terms, offering potential buyers increased flexibility. This is a rare opportunity to acquire a well-located, sizable commercial lot in a thriving area of Roswell. The high traffic count and convenient location make this an excellent investment for entrepreneurs seeking a strong foundation for their business ventures. Don't miss this chance to secure a prime piece of Roswell real estate.

Property profile

Verified
Property type Land
Lot 1.36 ac (59,285 SF)

Cap rate & NOI

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

Location

5901 Main St 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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