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Pending
  • $28,800

    0 E Reed St, Roswell, NM 88203

    --beds
    --baths
    2.39Acres
    : 
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    Unimproved Land
    Built in ----
    2.39 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Shovel-ready 2.39-acres of flat usable land in Roswell's core--zoned R-3 and ready to build. Prime East Reed St. location just 5-6 blocks from downtown, bordering a city park inside a redevelopment corridor. No rezoning, no variances, no hearings--build by right today. Apartments, townhomes, duplexes, or SFR. Density allows ~28-57 units (up to 24/acre, 2-story). Utilities in alleys on both sides. Walk to Albertsons, minutes to downtown. City pushing density here. ~$28K/unit. Owner financing available. Rare, high-upside deal--won't last.
    7 days
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    212
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rye Richardson 575-430-0777,

    Zia Real Estate 575-258-8656

    Source: RLCMLS,MLS#: 134260MLS LogoOriginating MLS: Ruidoso Lincoln County Association of REALTORS

      Facts & features

      Property

      Parking
      • Parking features: Paved
      Features
      • Fencing: None
      • Has view: Yes
      • View description: None
      Lot
      • Size: 2.39 Acres
      • Features: Interior Lot, Level
      Details
      • Parcel number: 136062319441000000
      • Zoning: R3

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Not Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: Metes & Bounds
      Location
      • Region: Roswell

      Financial & listing details

      • Annual tax amount: $59
      • Date on market: 6/15/2026
      • Cumulative days on market: 9 days
      • Listing terms: Cash,Conventional,1031 Exchange,Owner Will Carry,Owner May Carry,USDA Loan
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/19/2026Pending sale$28,800
        Source: RLCMLS #134260 Report a problem
        6/15/2026Listed for sale$28,800-66.1%
        Source: RLCMLS #134260 Report a problem
        3/31/2024Listing removed$85,000
        Source: New Mexico MLS #203405 Report a problem
        3/2/2023Listed for sale$85,000
        Source: Roswell AOR #203405 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 88203

          Getting around

          30 / 100
          Car-Dependent
          39 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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