1204 Hobbs St Acme, NM 88201
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.
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Treasure Chest Discount Store
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Treasure Chest Collectables Thridts & Antiques Home Decor Store (Bike/Boat/Book/etc) Store
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
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.