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    OFF-MARKET
    Commercial real estate

    33 Driftwood Pl, Roswell, NM 88201

    Individually Owned 1-yr Hold
    Property ID
    US61-0833772
    Property summary
    AI-generated overview

    This exceptional 9,350 square foot lot in Roswell, New Mexico, presents a unique opportunity to build your dream home. Located at 33 Driftwood Place, zip code 88201, this property is part of an upcoming subdivision experiencing significant new development. The lot is situated in Chaves County and offers the convenience of existing curb and gutter infrastructure already in place. While some minor site preparation is required, including clearing bushes from the roadway and pouring asphalt, the groundwork for construction is largely complete. This makes it an ideal location for those seeking a move-in-ready building site without extensive upfront land preparation. The asking price for this remarkable property is $20,000. With its prime location within a growing subdivision and the convenience of existing infrastructure, this lot represents an excellent investment opportunity for building a new home in a desirable Roswell neighborhood. The property's coordinates are 33.421724 latitude and -104.480444 longitude.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US61-0833772
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Peter J Madrid III · 1 yrs held
    Peter J Madrid III
    since 2025
    4 recorded transactions
    2025
    2021
    2020
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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