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Commercial Land with Three-Side Road Access

301 E Spruce St, Portales, NM 88130

For Sale
$150,000
Pending

Land, Portales, NM

Property SizeContact for details
Lot Size67.84 Acres
Days on Market182

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 NM REC-2022-0243
Added: May 16 Changed: Nov 12 Last Checked: Nov 13 at 8:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This 67.84-acre land parcel is currently within the county. Paved county roads border three sides of the property, providing road access along multiple edges.

The parcel is in Portales, Roosevelt County, New Mexico, at 301 E Spruce St. An adjoining commercial property is also listed by the same owner and may be acquired together with this land.

Key Highlights

  • 67.84 acres
  • Paved county roads on three sides
  • Located at 301 E Spruce St in Portales, Roosevelt County, New Mexico

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Nail Salon Kitchen & Bath Showroom Locksmith

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - A 67.84-acre parcel has paved county roads along three sides and is currently in the county.
Where is this 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 acres; Paved county roads on three sides; Located at 301 E Spruce St in Portales, Roosevelt County, New Mexico
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