Cannabis Properties

Portales, NM Cannabis Properties for Sale

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Causey, NM Morton, TX Bledsoe, TX
Cannabis Retail Property with Auto Bay
Updated: May 11
Cannabis Retail Property with Auto Bay

1301 S Ave D, Portales, NM 88130

$140,000
1,848 sqft 0.41 AC lot
Approximately 1,848 SF building on approximately 0.41 acres
Currently operating as a cannabis dispensary; business is not included in the sale
Attached auto bay with overhead door
Drive‑through window and fenced rear yard
Audio/video surveillance and mini‑split heating and cooling
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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.

Industrial Cannabis Property with Grow Area
Industrial Cannabis Property with Grow Area

1421 Mabry Dr, Clovis, NM 88101

$375,000
14,525 sqft

Industrial-zoned facility with dedicated warehouse space, grow-ready improvements, and high-capacity three-phase electrical service.

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Cannabis Property with Drive-Through
Cannabis Property with Drive-Through

2320 N Main St, Clovis, NM 88101

$225,000
1,175 sqft

Compact commercial building near Hilltop Plaza with covered parking and on-site security features.

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Cannabis Operation with Water Rights
Cannabis Operation with Water Rights

7 Howell Rd W, Estancia, NM 87016

$985,000
2,500 sqft 4.00 AC lot

Well-designed cannabis operation near Albuquerque with indoor and outdoor capabilities.

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Cannabis Cultivation Facility
Cannabis Cultivation Facility

7 W Howell Road, Estancia, NM 87016

$985,000
46.88 AC lot

Indoor and outdoor cultivation improvements with secured access, specialized systems, and dedicated three-phase power.

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Portales, NM Cannabis Properties Market Trends and Statistics

Explore 1 cannabis properties for sale in Portales, NM on our real estate platform. These investment opportunities span a total of 17,860 square feet of properties for sale, with an estimated market value of $140,000.

Sale prices for weed farms in Portales, NM average $140,000 — 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

Horse & equestrian properties 2
Farms 2

Demographics Overview

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

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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