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Property profile & analytics
OFF-MARKET
Commercial real estate

1204 Hobbs St Acme, NM 88201

Built 1977
Individually Owned 3-yr Hold
Property ID
US61-0380061
Property summary
AI-generated overview

This exceptional commercial land parcel, located at 1204 W Hobbs Street in Roswell, New Mexico, presents a compelling investment opportunity. The property boasts a substantial 10,193 square foot lot, offering significant development potential. Originally built in 1977, the site is situated in a high-traffic area near the intersection of Sunset and Hobbs Streets, ensuring excellent visibility and accessibility. A notable feature is the gated side lot, providing convenient access via a truck door. The property's zoning and permitted uses are to be verified by the buyer. This prime location in Chaves County, with its zip code 88201, offers a strategic advantage for businesses seeking a prominent presence in Roswell. The asking price for this versatile commercial land is $175,000. The property's size and location make it ideal for a variety of commercial ventures. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the property for their specific needs and plans. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving New Mexico city.

Property profile
Verified
Property type Commercial real estate
Year built 1977
UPID US61-0380061
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
  • Treasure Chest Discount Store
  • Treasure Chest Collectables Thridts & Antiques Home Decor Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Chazton A Lopez · 3 yrs held
Chazton A Lopez
since 2022
2 recorded transactions
2022
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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