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    746 S Roosevelt Road R 1/2 Portales, NM 88130

    For Sale
    $454,000

    RV Park - Portales, NM

    Days on Market:
    40
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 746 S Roosevelt Road R 1/2

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    400000000113500
    Parking features
    Paved or Surfaced
    Exterior features
    Irregular Lot

    Building Details

    Architectural style
    Other

    WEICHERT, REALTORS - The 505 Group (575) 762-5611 [email protected]

    Listing agent Margaret Estrada (575) 762-5611

    Listing date Oct 27, 2025

    MLS# 20215793 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

    Portales, NM RV Park

    This property features a 20-acre site, with 10 acres developed as an RV/MH park. The park includes 22 fully equipped RV/MH spots, each with water, sewer, and high-speed fiber optic internet access. Trees and yard lights are located throughout the park. A dumpster is provided for tenant use. The property includes two existing mobile homes, currently rented for $1,200.00 per month, which are included in the purchase. There are four 1800-gallon septic systems and access to county coop water. A new water well is also present. Constructed by LGT Construction, the park also features horse stalls and an additional 10 acres suitable for grazing horses or other livestock. This property is located in Portales, NM.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Portales
    County
    Roosevelt
    State
    New Mexico
    Longitude
    -103.344375727
    Latitude
    34.150709033

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    FAQs

    What type of property is this?
    Mobile home & RV park - 20-acre RV/MH park with amenities and expansion potential.
    Where is this mobile home & rv park located?
    The property is located at 746 S Roosevelt Road R 1/2 Portales, NM.
    What is the asking price?
    The asking price for this property is $454,000.
    What are key features of this property?
    This property features: - 20 total acres with 10 acres RV/MH developed.; - **22 fully equipped RV/MH spots** with utilities and high-speed fiber optic internet.; - Income-producing: Includes 2 rented mobile homes generating $1,200/month.
    (575) 762-5611
    Request Owner's contact information
    746 S Roosevelt Road R 1/2 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

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    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
    746 S Roosevelt Road R 1/2 Portales, NM 88130
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