Commercial Land with Highway
1701 W 2nd, Portales, NM 88130
For Sale
$410,000
The site is within walking distance of Eastern New Mexico University, with six adjoining lots separately available.
Property Size2,964 SF
Price / SF$138.33
Days on Market41
Property Features for 1701 W 2nd
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Ceiling Fan(s)
Pantry
Building Details
Building Size
Year Built
Units
Listing Agency:
Beacon Realty, LLC
Listed By:
Carol Neece
(575) 356-9130
Source:
Bigcountryrealty
Added: Oct 1
Changed: Nov 7
Last Checked: Nov 10 at 1:39PM
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 Beacon Realty, LLC
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Investment Insights
Based on property information with market context.
This commercial land offering covers 1.63 acres and provides 462 feet of frontage on Highway 70. Six lots directly behind the parcel are separately available for a combined acquisition; they are not part of the frontage property. Each additional lot measures approximately 80 by 160. Water and sewer are available on two of the lots. For the other four, a 6-inch water main and a sewer manhole are nearby.
The property lies between two motels and within walking distance of Eastern New Mexico University in Portales. The adjoining lots offer the option to assemble a larger site, subject to buyer verification of zoning, utilities, access, and development requirements.
The property lies between two motels and within walking distance of Eastern New Mexico University in Portales. The adjoining lots offer the option to assemble a larger site, subject to buyer verification of zoning, utilities, access, and development requirements.
Key Highlights
- 1.63‑acre commercial parcel with 462 feet of Highway 70 frontage
- Six additional lots directly behind the property are separately available; each is approximately 80 by 160
- Two additional lots have water and sewer available
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Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Commercial land - The site is within walking distance of Eastern New Mexico University, with six adjoining lots separately available.
Where is this commercial land located?
The property is located at 1701 W 2nd Portales, NM.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 1.63‑acre commercial parcel with 462 feet of Highway 70 frontage; Six additional lots directly behind the property are separately available; each is approximately 80 by 160; Two additional lots have water and sewer available
