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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

201 3Rd St Roswell, NM 88201

1,330 SF 0.03 ac lot Built 1965
Property ID
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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