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Heavy-Duty Flex Facility
For Sale
$600,000

201 E Spruce St, Portales, NM 88130

Commercial Sale, Portales, NM

Property Size17,750 SF
Lot Size8.93 Acres
Price / SF$33.80
Days on Market111

Property Features for 201 E Spruce St

General Information

Property type Commercial Sale
Property subtype Other
Interior features Overhead Door(s), Shipping Door(s)
Exterior features Rain Gutters
Appliances Water Heater
Directions Turn off of Highway 70, if coming from Clovis, past the light at Walmart onto NM highway 236 and proceed west 1 mile. Building is on the right. If in Portales, take north Boston or N Main to Spruce St. (Highway 236) turn left off of Boston or Right off of N. Main. and building is visible.
Subdivision New Mexico Mls
Standard status Active
APN 400000000345300
Size 17,750 SF
Lot size 8.93 Acres

Taxes and HOA fees

Tax Description S:23 T:1S R:34E TRACT BEG 780'W OF SE COR. THENCE W600' N648' to POB. 8.926 ACRES MOL.
Tax Annual Amount 4557
Legal Description S:23 T:1S R:34E TRACT BEG 780'W OF SE COR. THENCE W600' N648' to POB. 8.926 ACRES MOL.

Utilities

Heating system Forced Air, Heat Pump (Heating)

Building Details

Year built 1996
Flooring type Floor-heavy duty
Roof type Metal
Listing Agency: Buena Vista Realty
Listed By: Eldon R Merrick · License #REC-2022-0243
Added: May 16 Changed: Sep 3 Last Checked: Sep 3 at 4:06AM
MLS# 20262915

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 17,750-square-foot flex facility combines approximately 2,500 square feet of office and breakroom area with approximately 15,250 square feet of warehouse space. The warehouse includes roughly 6,250 square feet with a fully metal-lined ceiling enclosure designed to protect the insulation and originally intended for food-grade manufacturing operations. Six-inch reinforced concrete extends throughout the facility, supporting heavy industrial use and traffic.

Loading infrastructure includes four docks with overhead doors, two rear roll-up doors, and three additional interior roll-up doors. The interior configuration supports access between sections or separation of operational areas. Built in 1996, the property also features a metal roof, heavy-duty flooring, rain gutters, a water heater, heat pump heating, and forced-air heat. The facility is located at 201 E Spruce St in Portales, New Mexico.

Key Highlights

  • 17,750 SF facility with approximately 2,500 SF of office and breakroom space
  • Approximately 15,250 SF of warehouse area, including 6,250 SF with a fully metal‑lined ceiling enclosure
  • Six‑inch reinforced concrete throughout the facility

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Spa & Massage Center Kitchen & Bath Showroom Bakery

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

Lease Details

4
Dock-high doors

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby
Well-served
Demand for This Use

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Industrial property with reinforced concrete construction, multiple loading points, and adaptable warehouse access.
Where is this flex space located?
The property is located at 201 E Spruce St Portales, NM.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 17,750 SF facility with approximately 2,500 SF of office and breakroom space; Approximately 15,250 SF of warehouse area, including 6,250 SF with a fully metal‑lined ceiling enclosure; Six‑inch reinforced concrete throughout the facility
More about this property
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