300 Sunset Ave Roswell, NM 88203-1000
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.
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Pioneer Bank Bank Loan Service
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
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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.