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    620 W 1St St Portales, NM 88130

    For Sale
    $300,000

    Mixed Use - Portales, NM

    Type:Mixed Use
    Property size:
    3,745 SF
    Lot size:
    0.28 Acres
    Days on Market:
    301
    Last Refresh:
    Dec 8 at 5:06 pm

    Property Features for 620 W 1St St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    100000000414600
    Parking
    20
    Parking features
    On Street, Parking Lot, Paved or Surfaced
    Exterior features
    Paved
    Size
    3,745 SF
    Lot size
    0.28 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Building materials
    Frame, Stucco
    Roof type
    Metal
    Architectural style
    Other

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

    Listing agent Brett Johnson (575) 762-7776

    Listing date Feb 11, 2025

    MLS# 20250166 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

    Updated Office Building in Portales

    This updated office building is located in Portales, NM, and offers high visibility. Remodeled in 2006 with new wiring and plumbing, the property provides a reception area, 8 offices, 2 handicapped bathrooms, and a conference room. Two large multipurpose rooms offer flexibility and could be divided into workspaces. Additional features include a loading dock and a large parking area. The property benefits from a large traffic count. The building has a size of 3745 square feet and is situated on a 0.2755-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kiva Realty Real Estate Agency Casey Turnbough Nurse Practitioner Habitat for Humanity of Roosevelt ... Non-Profit Organization

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portales
    County
    Roosevelt
    State
    New Mexico
    Longitude
    -103.342709
    Latitude
    34.183016

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    FAQs

    What type of property is this?
    Office building - Updated office building with ample parking and high visibility.
    Where is this office building located?
    The property is located at 620 W 1St St Portales, NM.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - High Visibility Location with Large Traffic Count; - Remodeled in 2006 with New Wiring and Plumbing; - Ample Parking Area
    (575) 762-7776
    Request Owner's contact information
    620 W 1St St Portales, NM 88130
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    Portales, NM 88130
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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
    620 W 1St St Portales, NM 88130
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