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Property profile & analytics
OFF-MARKET
Distribution centers

502 Gallina Rd Roswell, NM 88201

2.23 ac lot Built 1982
Individually Owned 6-yr Hold
Property ID
US61-0357876
Property summary
AI-generated overview

This exceptional commercial property, located at 502 E Gallina Road in Roswell, New Mexico, presents a unique investment opportunity. Situated on a spacious 2.23-acre lot, this 1982-built warehouse offers a versatile layout ideal for a variety of commercial uses. The property is comprised of ten individual lots, each approximately 0.22 acres. Three legal descriptions delineate the property: the lot facing the street, the lot containing the building itself, and eight additional lots situated behind the main structure. The building features a welcoming reception area, a functional kitchen, and two bathrooms (one currently in use). Four private offices provide ample space for administrative functions, complemented by a large storage area equipped with a sink. Convenient paved parking is available directly in front of the building. A well is located on the front lot, although it hasn't been utilized by the current owner

Property profile
Verified
Property type Distribution centers
Year built 1982
Lot 2.23 ac (97,139 SF)
UPID US61-0357876
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Warren Kniepkamp · 6 yrs held
Warren Kniepkamp
since 2020
2 recorded transactions
2020
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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