Medical Premises

Portales, NM Medical Office Space for Sale

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Morton, TX Bledsoe, TX
Updated Medical Office Building
Updated: Jun 2
Updated Medical Office Building

123 W 2nd Street, Portales, NM 88130

$275,000
4,425 sqft
Updated office building with large foyer and men’s and women’s restrooms
Includes 6 medical offices, each with a sink
Separate general office space plus several prep rooms with sinks
Two bathrooms include showers; total of 4 bathrooms
Kitchen area and a laboratory room or larger prep room with sinks
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Portales, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Garden Office on 4th Street
Garden Office on 4th Street

6024 4th St, Lubbock, TX

$949,905
3,333 sqft 2.24 AC lot

Single-tenant office space in a high-traffic Lubbock corridor.

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Plainview Commercial Building Near Hospital
Plainview Commercial Building Near Hospital

2620 Yonkers, Plainview, TX 79072

$122,000
1,583 sqft

Commercial building suitable for medical or general office use.

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Medical Office Near Covenant Hospital
Medical Office Near Covenant Hospital

2620 Yonkers, Plainview, TX 79072

$122,000
1,583 sqft

Versatile medical office space near Plainview Healthcare Center.

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Move-in Ready Office Condo
Move-in Ready Office Condo

5424 5424 19th St, Lubbock, TX 79407

$431,000
1,724 sqft 1.64 AC lot

Office condo with private entrance, restrooms, and ample parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Grace Lane Commercial Lots
Grace Lane Commercial Lots

200 - 220 Grace Lane, Amarillo, TX 79124

$3,148,872

Five commercial lots zoned PD in Amarillo, Texas.

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Santa Fe Commercial Land Parcel
Santa Fe Commercial Land Parcel

3601 Rodeo Lane, Santa Fe, NM 87507

$650,000
2.12 AC lot

2.12 acre commercial parcel in high-traffic Santa Fe location.

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El Paso Commercial Land Parcel
El Paso Commercial Land Parcel

3651 George Dieter Drive, El Paso, TX 79936

$1,533,000
3.60 AC lot

Commercial land parcel with utilities and access easements in El Paso.

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General Commercial Land with Highway Frontage
General Commercial Land with Highway Frontage

Hwy 277 S, Abilene, TX 79606

$499,000
2.00 AC lot

Level commercial site with utilities and strong highway exposure, offering flexible development options and expansion potential.

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Portales, NM Medical Office Space Market Trends and Statistics

Explore 1 medical office space for sale in Portales, NM on our real estate platform. These investment opportunities span a total of 4,425 square feet of properties for sale, with an estimated market value of $275,000.

Sale prices for medical spaces in Portales, NM start at $275,000, averaging $275,000, and reaching up to $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office buildings 2
Medical Office Space 1
Office Units 1

Demographics Overview

Population 18K
Population Growth (5Y) +1.0%
Median Household Income $52,420
College Educated 15.4%

High-Yield Neighborhoods for Investment

Identify Portales submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Clovis $275K
Portales $275K

Taxes & Financing

Tax Rate (average for all types) 2.62%
Property Tax per SF $41.22 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

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