1031 Exchange

Portales, NM 1031 Exchange Properties for Sale

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Causey, NM Morton, TX
Newly Built 1031 Exchange Property
Updated: Apr 2, 2025
Newly Built 1031 Exchange Property

1116 N Chicago, Portales, NM 88130

$850,000
2022 construction
New five‑year lease in place
Three additional five‑year renewal options
Audio/video surveillance
Security system
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Portales, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant NNN Office Building
Single-Tenant NNN Office Building

4433 34th St, Lubbock, TX 79410

$395,000
3,672 sqft

The fully occupied property has a five-year NNN lease with annual escalations.

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2021 Duplex with Private Yards
2021 Duplex with Private Yards

1915 Langford Avenue, Lubbock, TX 79407

$350,000
3,008 sqft 0.16 AC lot

Two recently built residences offer open-plan interiors, private yards, and individual garages near local schools.

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Warehouse Compound with RV Spaces
Warehouse Compound with RV Spaces

86 Hwy 2142, Las Vegas, NM 87701

$895,000
7.20 AC lot

Multi-building commercial property with loading infrastructure, utility service, and access from a frontage road near I-25.

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Warehouse Compound with RV Spaces
Warehouse Compound with RV Spaces

857 Airport Rd, Las Vegas, NM 87701

Contact for pricing

Agricultural-zoned warehouse property with multiple structures, utility service, RV spaces, and outdoor loading capability.

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Portales, NM 1031 Exchange Properties Market Trends and Statistics

Explore 1 1031 exchange properties for sale in Portales, NM on our real estate platform.

Sale prices for 1031 exchange properties in Portales, NM average $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

1031 exchange properties 1
Churches & religious facilities 1

Demographics Overview

Population 18K
Population Growth (5Y) +1.0%
Median Household Income $52,420
College Educated 15.4%

High-Yield Neighborhoods for Investment

Identify Portales submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
88130 $850K

Taxes & Financing

Tax Rate (average for all types) 2.62%
Property Tax per SF $41.22 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

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