Cannabis Retail Property with Auto
For Sale
$140,000
1301 S Ave D, Portales, NM 88130
Commercial Sale, Portales, NM
Property Size1,848 SF
Lot Size0.41 Acres
Price / SF$75.76
Days on Market115
Property Features for 1301 S Ave D
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial General
Interior features
Overhead Door(s), Audio/Video Surveillance
Subdivision
New Mexico Mls
Standard status
Active
APN
100100000005000
Size
1,848 SF
Lot size
0.41 Acres
Taxes and HOA fees
Tax Description
Subd: SCHOOL Block: 64 W 110' LOT 9 ALL LOT 10
Tax Annual Amount
1376
Legal Description
Subd: SCHOOL Block: 64 W 110' LOT 9 ALL LOT 10
Building Details
Building materials
Block - Cinder, Siding, Mission Stone
Listing Agency:
Town & Country Real Estate, Inc.
(575) 762-7776
Listed By:
Brian Essex · License #REC-2024-0356
(575) 309-7105
Added: May 11
Changed: Sep 2
Last Checked: Sep 2 at 7:06PM
MLS# 20262755
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This cannabis retail property includes approximately 1,848 square feet of improvements on approximately 0.41 acres. The building combines a retail area with an attached auto bay equipped with an overhead door, creating space for merchandise, storage, or service-related functions. A drive-through window, fenced rear yard, audio/video surveillance, and mini-split heating and cooling systems add operational features. Construction includes cinder block, siding, and mission stone elements.
The property is positioned along a busy main thoroughfare in Portales, New Mexico. Its prior commercial uses have included a filling station, mechanic shop, and hair salon, while it currently operates as a cannabis dispensary. The business is excluded from the sale. The owner is willing to help a future cannabis dispensary operator with licensing paperwork.
The property is positioned along a busy main thoroughfare in Portales, New Mexico. Its prior commercial uses have included a filling station, mechanic shop, and hair salon, while it currently operates as a cannabis dispensary. The business is excluded from the sale. The owner is willing to help a future cannabis dispensary operator with licensing paperwork.
Key Highlights
- Approximately 1,848 SF building on approximately 0.41 acres
- Currently operating as a cannabis dispensary; business is not included in the sale
- Attached auto bay with overhead door
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
39k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Home Improvements & Furnishings 24%
Hotels & Casinos 3%
Ace Hardware And Home Center
Home Improvements & Furnishings
8,378 visits/mo
0.1 miles
Phillips 66
Shops & Services
7,710 visits/mo
0.5 miles
Family Dollar
Shops & Services
6,831 visits/mo
0.3 miles
Allsups
Shops & Services
4,204 visits/mo
0.1 miles
Stripes
Shops & Services
4,188 visits/mo
0.5 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Cannabis property - Adaptable commercial building with a drive-through window, secured rear yard, and flexible retail and service functionality.
Where is this cannabis property located?
The property is located at 1301 S Ave 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: Approximately 1,848 SF building on approximately 0.41 acres; Currently operating as a cannabis dispensary; business is not included in the sale; Attached auto bay with overhead door
