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    1829 Quail-Wood Dr Portales, NM 88130

    Sponsored
    For Sale
    Contact for pricing

    8,945 sq ft lot, developer opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,945 square foot lot presents a prime development opportunity within the desirable Raven Wood subdivision in Portales, New Mexico. Located at 1829 Quail-Wood Drive, this property is being offered at an attractive asking price of $21,000. The lot is part of a larger subdivision with existing improvements nearby, making it an ideal location for various development projects. Please note that the property is sold "as-is" with no warranties expressed or implied. Potential buyers are responsible for independently verifying all pertinent information, including but not limited to, any and all restrictions, covenants, conditions, and requirements imposed by the city of Portales, Roosevelt County, and the state of New Mexico. Furthermore, prospective buyers should confirm the availability and specifications of all utilities connected to or available for connection to the property. A plat map detailing the exact lot dimensions and boundaries is available upon request. This presents a unique chance to acquire a well-situated lot in a growing community. The property's address is 1829 Quail-Wood Drive, Portales, NM 88130. Act quickly to secure this promising investment.

    Property Features for 1829 Quail-Wood Dr

    General Information

    Property type
    Land

    HighLights

    • Excellent developer opportunity in the Raven Wood subdivision.
    • Lots of varying sizes (see plat map for details).
    • Sold as‑is, no warranties implied.
    • Buyer to verify all restrictions, covenants, utilities, and city requirements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Portales
    County
    Roosevelt
    State
    New Mexico
    Longitude
    -103.3565787
    Latitude
    34.1694333

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    FAQs

    What type of property is this?
    Land - 8,945 sq ft lot, developer opportunity
    Where is this land located?
    The property is located at 1829 Quail-Wood Dr Portales, NM.
    What is the asking price?
    The asking price for this property is $21,000.
    What are key features of this property?
    This property features: Excellent developer opportunity in the Raven Wood subdivision.; Lots of varying sizes (see plat map for details).; Sold as-is, no warranties implied.
    (575) 366-9522
    Request Owner's contact information
    1829 Quail-Wood Dr 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
    1829 Quail-Wood Dr Portales, NM 88130
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