111 E 23rd Street

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

111 E 23rd Street

Roswell, NM 88201-1897
Asking Price
$275K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel measuring 1.026 acres for development.
  • Property is currently listed for sale at $275,000.
  • Located in the city of Roswell, New Mexico.
  • Strategic site suitable for diverse commercial construction projects.
  • Positioned within an established regional economic hub.

What's Special

Development of this 1.026-acre commercial land parcel at 111 E 23rd Street provides an entry point into the growing Roswell market. With its designation for commercial use, the site is positioned to accommodate various retail, service, or office applications depending on local requirements. Roswell remains a key economic hub in southeastern New Mexico, benefiting from steady regional activity and a consistent local population base that supports ongoing commercial expansion. The parcel offers direct access to the surrounding infrastructure, making it a viable candidate for businesses seeking a strategic footprint in this established corridor. Investors and developers will find the dimensions and location suitable for ground-up construction tailored to meet current market demands. The site benefits from its accessibility and clear visibility within the community, providing a functional foundation for new commercial operations in Chaves County.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
29.09%
DSCR
4.90
Strong
Cash-on-Cash
77.18%
Monthly Payment
$1,360.55
Annual Cash Flow
$63,673.401

Location & Travel Times