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Three-Sided Access Commercial Land
For Sale
$150,000
Pending

301 E Spruce St, Portales, NM 88130

Land, Portales, NM

Property SizeContact for details
Lot Size67.84 Acres
Days on Market117

Property Features for 301 E Spruce St

General Information

Property type Land
Property subtype Other
Elementary school None/Other
Middle school None/Other
High school None/Other
Directions West of Walmart on NM 236, S Roosevelt Road 4, or Spruce St. take your choice, all the same road. GO west 1 mile, property lies to north west of that corner and the house is not part of it.
Subdivision New Mexico Mls
Standard status Pending
APN 400000000345301
Lot size 67.84 Acres

Taxes and HOA fees

Tax Description S:23 T:1S R:34E SW/4SE/4& SE/4SE/4 (less 1.0257 AC ) & (Less 310'X310') & (Less TRACT BEG 780'W OF SE COR. THENCE W600' N648' E600' S648' TO POB). 67.838 ACRES MOL.
Tax Annual Amount 127
Legal Description S:23 T:1S R:34E SW/4SE/4& SE/4SE/4 (less 1.0257 AC ) & (Less 310'X310') & (Less TRACT BEG 780'W OF SE COR. THENCE W600' N648' E600' S648' TO POB). 67.838 ACRES MOL.
Listing Agency: Buena Vista Realty
Listed By: Eldon R Merrick · License #REC-2022-0243
Added: May 16 Changed: Sep 4 Last Checked: Sep 9 at 1:06AM
MLS# 20262914

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 67.84-acre commercial land parcel is located at 301 E Spruce St in Portales, New Mexico. The property is currently within the County and offers paved county-road access along three sides, providing multiple road-facing boundaries.

An adjoining commercial property is also listed and may be acquired with this parcel. The combined purchase option allows the two properties to be considered together.

Key Highlights

  • 67.84‑acre commercial land parcel
  • Paved county roads border 3 sides
  • Located at 301 E Spruce St, Portales, NM 88130

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Pharmacy Nail Salon Big Box & Wholesale Store

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

66
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?
Commercial land - Commercial land with paved county-road access along three sides.
Where is this commercial land located?
The property is located at 301 E Spruce St Portales, NM.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 67.84‑acre commercial land parcel; Paved county roads border 3 sides; Located at 301 E Spruce St, Portales, NM 88130
More about this property
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