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Property profile & analytics
OFF-MARKET
Commercial real estate

118 Alameda St Roswell, NM 88203

Property ID
US61-0356656
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US61-0356656
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
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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