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    1408 Kilgore St Portales, NM 88130

    Sponsored
    For Sale
    $45,000

    1.137-acre lot, prime Portales location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.137-acre lot presents a remarkable opportunity to build your dream home in a highly desirable Portales, New Mexico location. Situated on South Kilgore Street, this property enjoys convenient proximity to major shopping centers, including Walmart and grocery stores, ensuring effortless access to daily necessities. The strategic location offers easy access to major highways, minimizing travel time and maximizing convenience. All utilities are readily available in the immediate vicinity, simplifying the connection process for your new construction. This spacious lot provides ample room for a substantial home and additional features to suit your lifestyle. The property's location between Walmart and East 18th Street in Portales, Roosevelt County, NM, zip code 88130, offers a blend of suburban tranquility and urban convenience. Note that there are two similar lots available in this area

    Property Features for 1408 Kilgore St

    General Information

    Property type
    Land
    Lot Size
    49,528 SF

    HighLights

    • 1.137‑acre lot in desirable Portales, NM location.
    • Convenient access to major shopping (Walmart, grocery stores) and highways.
    • Utilities readily available.
    • Ample space for a large home and additional features.
    • Located between Walmart and East 18th Street, Portales, NM 88130.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portales
    County
    Roosevelt
    State
    New Mexico
    Longitude
    -103.3182117
    Latitude
    34.1766701

    Nearby Similar for Sale

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      Automotive Repair Shop Opportunity

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      Productive Ranch with Irrigated Land

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    FAQs

    What type of property is this?
    Land - 1.137-acre lot, prime Portales location.
    Where is this land located?
    The property is located at 1408 Kilgore St Portales, NM.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: 1.137-acre lot in desirable Portales, NM location.; Convenient access to major shopping (Walmart, grocery stores) and highways.; Utilities readily available.
    Request Owner's contact information
    1408 Kilgore St Portales, NM 88130
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    Portales, NM 88130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1408 Kilgore St Portales, NM 88130
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