201 3Rd St Roswell, NM 88201
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.
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
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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.