Property profile

201 3Rd St Roswell, NM 88201

OFF-MARKET
Retail properties & Spaces
1,330 SF 0.03 ac lot Built 1965
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Property summary

AI-generated overview

This exceptional 1,330 square foot retail property is ideally situated on the highly visible corner of West Third Street and North Richardson Avenue in the heart of downtown Roswell, New Mexico. Boasting a prime location with excellent street frontage, this commercial space offers significant potential for a variety of businesses. The layout includes a spacious reception area, perfect for welcoming clients or customers, and three separate offices or showroom areas, providing ample flexibility for different operational needs. A small kitchen area adds convenience, while a compact basement offers valuable storage space. The property sits on a 0.03-acre lot, providing convenient access and visibility. The asking price for this well-located and versatile retail space is $209,000. This presents a unique opportunity to establish or expand a business in a thriving downtown area. The property's prominent location and functional layout make it an attractive investment for entrepreneurs seeking a strong foothold in the Roswell market. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1965
Total area 1,330 SF
Lot 0.03 ac (1,307 SF)

Cap rate & NOI

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

Location

201 3Rd St Roswell, NM 88201
Roswell metro
Google Maps

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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