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    7776 Nm 206 Rd Portales, NM 88130

    For Sale
    $99,000

    Unimproved Land - Portales, NM

    Type:Unimproved Land
    Lot size:
    3.50 Acres
    Days on Market:
    201
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 7776 Nm 206 Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    400000000005100
    Lot size
    3.50 Acres

    Building Details

    Architectural style
    Other

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

    Listing agent Jerry Cass (575) 762-7776

    Listing date May 27, 2025

    MLS# 20236217 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

    Unimproved Land Near City Limits

    This 3.5-acre parcel of unimproved land is located next to the city limits of Portales, New Mexico, and adjacent to Farmers Country Market. The property is situated near the Board of Education and Portales Retirement Housing. Annexation into the city could provide access to city water and sewer services. The location offers various development possibilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Portales
    County
    Roosevelt
    State
    New Mexico
    Longitude
    -103.338024
    Latitude
    34.101594

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    FAQs

    What type of property is this?
    Land - 3.5 acres of land with development potential near Portales.
    Where is this land located?
    The property is located at 7776 Nm 206 Rd Portales, NM.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: - Located next to city limits, offering potential for annexation; - Annexation could provide access to city water and sewer; - Located next to Farmers Country Market
    (575) 762-7776
    Request Owner's contact information
    7776 Nm 206 Rd 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
    7776 Nm 206 Rd Portales, NM 88130
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