108 Deming St Roswell, NM 88203
This exceptional commercial property located at 108 W Deming Street in Roswell, New Mexico, presents a unique investment opportunity. Built in 1913, this 21,000 square foot lot offers a substantial building with significant potential for redevelopment or repurposing. The property's history includes use as Superior Ambulance, providing a solid foundation for various commercial ventures. The existing structure features ample office space suitable for multiple uses, making it ideal for a variety of businesses. A finished attic and basement provide extensive storage capabilities, adding to the property's versatility. While the property requires some renovation, this is reflected in the significantly reduced asking price of $166,500, representing a compelling value proposition for discerning investors. The property's location in Chaves County, New Mexico, with a zip code of 88203, offers convenient access to local amenities and transportation networks. This is a rare chance to acquire a substantial piece of Roswell's history and transform it into a thriving commercial enterprise. The property's size and location make it an attractive investment for those seeking a project with high return potential. The significant price reduction makes this a truly exceptional opportunity in the Roswell commercial real estate market. Don't miss this chance to own a piece of Roswell history and shape its future.
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
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.