Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    511 2Nd St Roswell, NM 88201

    • Manufacturing properties
    • 1.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-0530777
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 511 2Nd St

    Year built
    1955
    Lot size
    1.13 lot acres
    Property type
    Manufacturing properties
    Property subtype
    Retail space

    Description

    This exceptional Roswell, NM commercial property presents a rare investment opportunity. Located at 511 E 2nd Street, this 1.125-acre lot features a 9,108 sq. ft. building constructed in 1955, offering diverse commercial, warehouse, manufacturing, and storefront potential. The property boasts a prime corner location with high traffic counts, enhanced by additional fenced land west of the main structure. A new roof was installed approximately in 2018. All existing outside buildings are included in the sale. The asking price is $499,900. The seller requires a six-month leaseback at $2,000 per month to facilitate the dispersal of assets. Zoning information should be verified with the city. Note that adjacent properties at 524/520 E 3rd St. are available for separate purchase, offering the potential to expand the property significantly. This creates a unique opportunity to acquire a substantial corner lot in a high-traffic area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.5148714
    Latitude
    33.3945111

    Comparable in this City

    • $1,250,000

      Roswell Commercial Property

      Prime Roswell location, 32,000 SF lot.
      400 2Nd St, Roswell, NM 88201
      View Details
    • $150,000
      4,534 SF

      Roswell Retail Building For Sale

      Versatile commercial building in high-traffic area with owner financing.
      1501 W 2Nd St, Roswell, NM 88201
      View Details
    • $250,000
      4,397 SF

      Roswell Retail Property with Bay Door

      Prime Roswell retail space with storefront, restrooms, and fenced area.
      314 N Richardson Ave, Roswell, NM 88201
      View Details
    • $500,000
      4,563 SF

      Main Street Commercial Building

      Versatile property on Main Street, across from UFO Museum.
      105 N Main St, Roswell, NM 88201
      View Details
    • $690,000

      Roswell Office Land - $690K

      Modern Office Building, Ample Parking, Prime Location
      115 23Rd St, Roswell, NM 88201
      View Details
    • $530,000

      Roswell Office Building & Land

      Prime Roswell location, 25,200 sq ft lot.
      806 Union Ave, Roswell, NM 88201
      View Details

    Similar Nearby for Sale

    • $1,250,000

      Roswell Commercial Property

      Prime Roswell location, 32,000 SF lot.
      400 2Nd St, Roswell, NM 88201
      View Details
    • $150,000
      4,534 SF

      Roswell Retail Building For Sale

      Versatile commercial building in high-traffic area with owner financing.
      1501 W 2Nd St, Roswell, NM 88201
      View Details
    • $250,000
      4,397 SF

      Roswell Retail Property with Bay Door

      Prime Roswell retail space with storefront, restrooms, and fenced area.
      314 N Richardson Ave, Roswell, NM 88201
      View Details
    • $500,000
      4,563 SF

      Main Street Commercial Building

      Versatile property on Main Street, across from UFO Museum.
      105 N Main St, Roswell, NM 88201
      View Details
    • $690,000

      Roswell Office Land - $690K

      Modern Office Building, Ample Parking, Prime Location
      115 23Rd St, Roswell, NM 88201
      View Details
    • $530,000

      Roswell Office Building & Land

      Prime Roswell location, 25,200 sq ft lot.
      806 Union Ave, Roswell, NM 88201
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      36,610 SF

      Roswell Retail Anchor Building

      Freestanding 36,610 SF retail building with high traffic count.
      2513 N Main St, Roswell, NM 88201
      View Details
    • Contact for pricing
      2,632 SF

      Roswell Mall Retail Space

      Retail space available within the Roswell Mall.
      4501 N Main St, Roswell, NM 88201
      View Details
    • $18 SF/Yr
      2,162 SF

      Roswell Retail Space For Rent

      Retail space available in high-traffic Roswell shopping center.
      2801 N Main St, Roswell, NM 88201
      View Details
    • $3,000 /Mo
      1,800 SF

      Retail Space Near Roswell Mall

      Retail space with high visibility near major retailers.
      4504 N Main St, Roswell, NM 88201
      View Details
    • $9 SF/Yr
      53,662 SF

      Retail Space in Main Place

      Available junior box in Roswell's retail corridor.
      2601 N Main St, Roswell, NM 88201
      View Details
    • $5,000 /Mo
      3,029 SF

      Retail Space on Signalized Corner

      Retail property suitable for fast food or financial institution.
      3211 N Main St, Roswell, NM 88201
      View Details

    Property Visit Statistics

    • Visits by month
      6.5k
    • Visitors by month
      5.1k
    • Avg Time on site
      7 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    511 2Nd St
    Roswell, NM 88201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.