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    201 S Abilene Ave Portales, NM 88101

    For Sale
    $275,000

    Mixed Use - Portales, NM

    Type:Mixed Use
    Property size:
    2,367 SF
    Lot size:
    0.19 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 201 S Abilene Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    100000000417900
    Parking
    15
    Parking features
    Paved or Surfaced
    Exterior features
    Irregular Lot, Paved
    Size
    2,367 SF
    Lot size
    0.19 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Flooring type
    Carpet
    Building materials
    Frame
    Roof type
    Flat
    Architectural style
    Other

    Town & Country Real Estate (575) 762-7776 [email protected]

    Listing agent Brett Johnson (575) 762-7776

    Listing date Aug 14, 2025

    MLS# 20244942 Listing URL

    Copyright © 2025 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Commercial Building with Drive-Up

    This recently remodeled 2,367 square foot commercial building is located on Hwy 70 in Portales, NM. The property, formerly a bank, features a drive-up window, seven offices, and two bathrooms. Situated just off the square, the building has frontage on three streets and high visibility. A 2022 traffic count, taken one block from the location, indicates 14,677 cars per day. The building was initially constructed as a bank and has been converted into medical use, but it is suitable for many other purposes. The property is in excellent condition and ready for immediate occupancy. The lot size is 0.1927 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr W K ... Chiropractor Dr W L ... Chiropractor Epione Massage (Britny ... Massage Therapist High Plains Chiropractic Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portales
    County
    Roosevelt
    State
    New Mexico
    Longitude
    -103.335175
    Latitude
    34.18652

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    FAQs

    What type of property is this?
    Office building - Recently remodeled commercial building with drive-up window on Hwy 70.
    Where is this office building located?
    The property is located at 201 S Abilene Ave Portales, NM.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - High Visibility: Frontage on three streets and location just off the square.; - High Traffic Count: 14,677 cars per day (2022 data).; - Move-In Ready: Recently remodeled and in excellent condition.
    (575) 762-7776
    Request Owner's contact information
    201 S Abilene Ave Portales, NM 88101
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    Portales, NM 88101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 S Abilene Ave Portales, NM 88101
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