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Property profile & analytics
OFF-MARKET
Land

300 Sunset Ave Roswell, NM 88203-1000

Built 1982
Property ID
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 300 S Sunset in Roswell, New Mexico, presents a unique investment opportunity. The 41,867.56 square foot lot boasts a highly visible corner location with significant traffic flow, ensuring maximum exposure for any future development. Currently featuring a former bank drive-thru with four lanes, one of which is still utilized as an ATM and may be available for leaseback. The expansive lot size offers considerable flexibility, with the potential for subdivision to create multiple development sites. The existing drive-thru lanes could be easily enclosed to create additional square footage for office or restaurant space, significantly expanding the property's potential uses. This property's versatility makes it ideal for a wide range of commercial ventures. The seller, a bank, is willing to provide financing to qualified buyers. Please note that the digital sign located on the property is not included in the sale. This is a rare opportunity to acquire a substantial commercial lot in a prime Roswell location with significant upside potential. The property was built in 1982 and is zoned for commercial use. The zip code is 88203-1000.

Property profile
Verified
Property type Land
Year built 1982
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
Current use
Occupant on record · Public records
  • Pioneer Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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