E Reed Street
Roswell, NM 88203
2.39Acres(Lot)
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.
Property Details
Map
Map
Features
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Lot Information
Main Square Feet: 2.39 Acres Lot Size Acres: 2.39 Lot Description: Interior Lot, LevelProperty Information
Subdivision: Metes & Bounds Source Property Type: Land Property SubType: Unimproved Land
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Listing Price Information
Listing Price: $28800 Cash, Conventional, Owner Will Carry, Owner May Carry, USDA Loan
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Tax Information
Parcel Number: 136-062-319-441-000000 Tax Lot: S2, L3 Tax Block: 1 Tax Year: 2025 Annual Tax: $59 Tax Legal Desc: south 1/2 lot 3 block 1 fruitland SD
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Parking Information
Paved
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Utility Information
Cable Not Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available -
Location Information
Direction: Head south on S Main turn Left on Reed Street. Property on Left just past Garden WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 00 E Hobson Road, Roswell, NM, 88203 | $110,250 | -- | -- | -- | 7.35 Acres(Lot) |
| LOT 1 LOT 2 Buena Vida .., Roswell, NM, 88203 | $65,000 | -- | -- | -- | 11 Acres(Lot) |
| 1803 E Bland Avenue, Roswell, NM, 88203 | $75,000 | -- | -- | -- | 1.58 Acres(Lot) |
| 822 E Albuquerque St, Roswell, NM, 88203 | $12,500 | -- | -- | -- | 6,250 Sqft(Lot) |
| LOT 91 Buena Vida 1 Ame.., Roswell, NM, 88203 | $5,000 | -- | -- | -- | 5.88 Acres(Lot) |
| 00 Beech, Roswell, NM, 88203 | $85,000 | -- | -- | -- | 3 Acres(Lot) |
| 0000 E Albuquerque, Roswell, NM, 88203 | $12,500 | -- | -- | -- | 6,250 Sqft(Lot) |
| 113 W Bland Avenue, Roswell, NM, 88203 | $20,000 | -- | -- | -- | 7,000 Sqft(Lot) |
| LOT 10 Buena Vida St, Roswell, NM, 88203 | $8,750 | -- | -- | -- | 5 Acres(Lot) |
| 2103 S Main Street, Roswell, NM, 88203 | $37,500 | -- | -- | -- | 10,890 Sqft(Lot) |
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Nearby For Sale
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ByOwner last updated this listing 06/16/2026 @ 16:42
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