118 Alameda St Roswell, NM 88203
This exceptional commercial property, located at 118 W Alameda Street in Roswell, New Mexico, is offered at $150,000. Situated on a corner lot at the intersection of Alameda and Richardson Streets, this brick building boasts high visibility and excellent access for customers. Currently configured as a genealogy library, the adaptable layout offers significant potential for a variety of uses, including retail, professional offices, or medical practices. The building features ample storage space, catering to diverse business needs. The property's zoning allows for a range of commercial activities, making it an attractive investment opportunity. The address is 118 W Alameda Street, Roswell, NM 88203, within Chaves County. Its convenient location in a high-traffic area ensures significant exposure to potential clients. The building's sturdy brick construction ensures durability and longevity. The property is classified as Special Purpose, Land, and is being sold as a single unit (0 units). This presents a unique chance to acquire a well-positioned commercial building in a thriving New Mexico community. The property's versatility and prime location make it an ideal investment for entrepreneurs and business owners seeking a strong foothold in the Roswell market.
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.