Portales, NM Commercial Real Estate for Sale

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Morton, TX Bledsoe, TX
6 properties
Versatile Commercial Property on Main Road
Updated: May 12
Versatile Commercial Property on Main Road

1301 S Ave D, Portales, NM 88130

$150,000
1,848 sqft 0.41 AC lot
High‑visibility location on a busy main road with excellent traffic counts.
Versatile 1,848 SF building suitable for a wide range of business uses.
Includes a retail/dispenser area plus an attached auto bay with an overhead door.
Features a convenient drive‑through window.
Fenced rear yard provides secure storage space.
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Versatile Warehouse with Office Space
Updated: May 16
Versatile Warehouse with Office Space

201 E Spruce Street, Portales, NM 88130

$600,000
17,750 sqft
Large warehouse space: 15,250 sq ft provides ample storage or manufacturing capacity.
Food grade manufacturing potential: 6,250 sq ft of warehouse space has a metal‑lined ceiling enclosing the insulation.
Reinforced concrete flooring: 6" cement poured throughout the warehouse portion with reinforced concrete to handle heavy traffic.
Features 4 loading docks with doors and 2 rear roll‑up doors for easy access.
Includes 2,500 sq ft of office and break room area.
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Updated Medical Office Building
Updated Medical Office Building

123 W 2nd Street, Portales, NM 88130

$275,000
4,425 sqft

Spacious updated medical-focused office layout with multiple exam and prep rooms, including sinks and dedicated bathrooms.

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Former Sonic Drive-In For Sale
Former Sonic Drive-In For Sale

304 N Chicago Ave, Portales, NM

$299,000
1,300 sqft 0.41 AC lot

Well-positioned drive-in restaurant with infrastructure ready for occupancy.

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Land Parcel For Sale
Land Parcel For Sale

301 E Spruce Street, Portales, NM 88130

$150,000

Land parcel with paved road access, suitable for development.

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Remodeled Commercial Building with Drive-Up
Remodeled Commercial Building with Drive-Up

201 S Abilene Avenue, Portales, NM 88101

$275,000
2,376 sqft

Remodeled commercial building with drive-up window in Portales, NM.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Portales, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Mixed-Use Office-Retail Building
Mixed-Use Office-Retail Building

220 W 4th Street, Clovis, NM 88101

$140,000
1,820 sqft

Flexible interior layout with open main area, private office, kitchen, and restrooms for a range of business uses.

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Auto Repair Shop Opportunity
Auto Repair Shop Opportunity

1820 W 7th Street, Clovis, NM 88101

$400,000
3,600 sqft

Established auto repair business with high visibility and easy access.

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1.5 Acre Development Site
1.5 Acre Development Site

2201 W Grand Ave, Clovis, NM 88101

$68,000
1.50 AC lot

1.5 acre development site in Clovis, NM for sale.

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Special Purpose
Special Purpose

400 N Hull Street, Clovis, NM 88101

$155,000

Auto shops

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Off-Market Properties in Portales, NM

Consider similar Off-Market properties in Portales, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1115 Chicago Ave
COMMERCIAL (GENERAL)

1115 Chicago Ave, Portales, NM 88130-5453

$940,000
Estimated value
21,880 sqft 0.96 AC lot
View details
214 Main Ave
COMMERCIAL (GENERAL)

214 Main Ave, Portales, NM 88130-6269

Value Estimation by Request
3,250 sqft 0.08 AC lot
View details
604 2nd St
COMMERCIAL (GENERAL)

604 2nd St, Portales, NM 88130-6004

Value Estimation by Request
1,640 sqft 0.16 AC lot
View details
121 2nd St
COMMERCIAL (GENERAL)

121 2nd St, Portales, NM 88130-6201

Value Estimation by Request
4,278 sqft 0.01 AC lot
View details
105 Main Ave
COMMERCIAL (GENERAL)

105 Main Ave, Portales, NM 88130

$510,000
Estimated value
10,500 sqft 0.24 AC lot
View details
1620 Ave D D
COMMERCIAL (GENERAL)

1620 Ave D D, Portales, NM 88130-7240

Value Estimation by Request
3,200 sqft 0.19 AC lot
View details
1130 1st St
COMMERCIAL (GENERAL)

1130 1st St, Portales, NM 88130-6610

$660,000
Estimated value
17,016 sqft 0.98 AC lot
View details
1015 2nd St
COMMERCIAL (GENERAL)

1015 2nd St, Portales, NM 88130-6612

$665,000
Estimated value
8,241 sqft 0.55 AC lot
View details
110 Main Ave
COMMERCIAL (GENERAL)

110 Main Ave, Portales, NM 88130

Value Estimation by Request
2,500 sqft 0.08 AC lot
View details
2103 Ave D D
COMMERCIAL (GENERAL)

2103 Ave D D, Portales, NM 88130-7275

Value Estimation by Request
4,698 sqft 1.03 AC lot
View details
111 Ave B B
COMMERCIAL (GENERAL)

111 Ave B B, Portales, NM 88130-5932

Value Estimation by Request
1,650 sqft 0.09 AC lot
View details
311 Main Ave
COMMERCIAL (GENERAL)

311 Main Ave, Portales, NM 88130-6217

Value Estimation by Request
3,200 sqft 0.16 AC lot
View details
223 Chicago Ave
COMMERCIAL (GENERAL)

223 Chicago Ave, Portales, NM 88130-5472

Value Estimation by Request
1,440 sqft 0.16 AC lot
View details
1509 Ave D D
COMMERCIAL (GENERAL)

1509 Ave D D, Portales, NM 88130-6839

Value Estimation by Request
912 sqft 0.52 AC lot
View details
400 Commercial St
COMMERCIAL (GENERAL)

400 Commercial St, Portales, NM 88130

Value Estimation by Request
1,344 sqft 0.63 AC lot
View details
8205 Nm Hwy 206
COMMERCIAL (GENERAL)

8205 Nm Hwy 206, Portales, NM 88130-9758

Value Estimation by Request
2,844 sqft 0.31 AC lot
View details
1603 2nd St
COMMERCIAL (GENERAL)

1603 2nd St, Portales, NM 88130-7000

Value Estimation by Request
2,638 sqft 0.52 AC lot
View details
309 Ave A A
COMMERCIAL (GENERAL)

309 Ave A A, Portales, NM 88130-6200

$555,000
Estimated value
6,461 sqft 0.48 AC lot
View details

Portales, NM Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Portales, NM, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 27,699 square feet of properties for sale, with an estimated market value of $1,599,000.

Sale prices for business properties in Portales, NM start at $150,000, averaging $319,800, and reaching up to $600,000 — 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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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
Portales $213.7K
Clovis $275K

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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