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Versatile Commercial Property on Main Road
For Sale
$140,000

1301 S Avenue D, Portales, NM 88130

Adaptable commercial property with high visibility and multiple business possibilities.

Property Size1,848 SF
Lot Size0.41 Acres
Price / SF$75.76
Days on Market111

Property Features for 1301 S Avenue D

General Information

Standard status Active
Size 1,848 SF
Lot size 0.41 Acres

Taxes and HOA fees

Annual Taxes $1,376
Listing Agency: Town & Country Real Estate, Inc.
Listed By: Brian Essex · License #323
Source: Exprealty
Added: May 11 Changed: Aug 25 Last Checked: Aug 28 at 5:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Town & Country Real Estate, Inc.

Investment Insights

Based on property information with market context.

This commercial property is located on a high-visibility main road in Portales. The property offers approximately 1,848 square feet of space on approximately 0.41 acres. The building features a retail/dispenser area plus an attached auto bay with an overhead door, providing additional workspace, storage, or service capabilities. Additional features include a convenient drive-through window, fenced rear yard for secure storage, and energy-efficient mini-split systems for heating and cooling. The property is currently operating as a cannabis dispensary and has also served as a filling station, mechanic shop, and hair salon. The current owner is willing to assist a new cannabis dispensary operator with licensing paperwork. Located on a busy thoroughfare with excellent visibility and traffic counts, this property is positioned to attract customers and support a variety of business ventures.

Key Highlights

  • 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.

Property Analytics

Current Use

Shearer Testing LLC Drug Testing Service

Suggested Use

Top Pick Dental Office Law Firm Skin Care Clinic HVAC Service Real Estate Agency Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby

Demographics for 88130, NM

18,027
Population
7,985
Households
2.3
Avg Household Size
31
Median Age
22%
College-Educated
86%
High-School Grad
632.1 sq mi
ZIP Area
29
Density / Sq Mi
$52,420
Median Household Income
$29,958
Median Earnings
$865
Median Rent
$136,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Adaptable commercial property with high visibility and multiple business possibilities.
Where is this mixed-use property located?
The property is located at 1301 S Avenue D Portales, NM.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 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.
More about this property
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