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Property profile & analytics
OFF-MARKET
Office Spaces

103 Pennslyvania Roswell, NM 88201

Built 1970
Property ID
Property summary
AI-generated overview

This exceptional commercial property in Roswell, New Mexico, presents a unique investment opportunity. Located at 103 & 101 N Pennsylvania, this offering encompasses two buildings situated on a sizable 9,353 square foot lot. Building 101, approximately 1025 square feet, features three large rooms, two half-baths with toilet and sink, and three exterior doors providing convenient street access. Recent upgrades include a new HVAC system (2022), upgraded wiring (2023), and a roof replacement (2018). Building 103, boasting approximately 1419 square feet, underwent a complete renovation in 2021. This renovation included a new metal roof, raised ceilings with wood paneling, fresh paint, new ceramic tile flooring (except in a small office area), and new toilet and sink fixtures in its two half-baths. Both buildings offer convenient half-bath facilities. The property's 1970 construction provides a solid foundation, enhanced by the recent improvements. The asking price is $185,000, and owner financing is available, making this an attractive proposition for savvy investors seeking a strong return in a desirable New Mexico market. The property is located in Chaves County, New Mexico, zip code 88201.

Property profile
Verified
Property type Office Spaces
Year built 1970
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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