1200 S Richardson Avenue

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1200 S Richardson Avenue

Roswell, NM 88203
Asking Price
$399K
Asset Type
Traditional Office Mixed-use
Class
Class B

AI Property Summary

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

  • Mixed-use asset spanning 6,555 square feet of total area
  • Located at 1200 S Richardson Avenue in Roswell, New Mexico
  • Current asking price for the property is 399,000 dollars
  • Ideal configuration for traditional office and professional commercial use
  • Situated in a significant regional economic hub for southeastern New Mexico

What's Special

This mixed-use property provides 6,555 square feet of space at 1200 S Richardson Avenue in Roswell, New Mexico. The building accommodates traditional office configurations and suits a variety of professional uses. Positioned within the heart of Chaves County, the asset benefits from its placement in a regional hub that supports agriculture, energy production, and tourism. Roswell remains a key economic center for southeastern New Mexico, offering a steady flow of local commerce and connectivity via major regional thoroughfares. Investors and business owners can utilize this site for administrative headquarters, multi-tenant offices, or creative commercial conversions. The layout allows for flexible floor plan adaptations to meet modern workspace requirements or specific business operations. This structure presents a functional acquisition for those looking to expand their footprint in a well-established submarket, providing visibility and accessibility for clients and staff within this desert landscape.

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NOI
$80,000
Cap Rate
20.05%
DSCR
3.38
Strong
Cash-on-Cash
47.04%
Monthly Payment
$1,974.034
Annual Cash Flow
$56,311.588

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