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    Portales, NM
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    Portales, NM Office Buildings for Sale

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    Morton, TX
    Former Bank Building For Sale
    $496,000
    6,589 SF

    Former Bank Building For Sale

    400 W 1st St, Portales, NM

    Former bank building suitable for office or retail conversion.

    • High traffic location on 1st Street (US Hwy 70) with 17,134 VPD.
    • Entire block on 1st Street with access from three streets.
    • Located at an intersection with a traffic light.
    • Convertible former bank building suitable for office or retail use.
    • Less than a mile from Eastern New Mexico University.
    Updated: May 27, 2025
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    Updated Office Building in Portales
    $300,000
    3,745 SF

    Updated Office Building in Portales

    620 W 1st Street, Portales, NM 88130

    Visible office building with ample parking and flexible spaces.

    • High Visibility Location with Large Traffic Count
    • Remodeled in 2006 with New Wiring and Plumbing
    • Ample Parking with Paved Driveway and Large Parking Area
    • Functional Layout: Reception Area, 8 Offices, Conference Room, and Multipurpose Rooms
    • Two Handicapped Accessible Bathrooms
    Updated: Jan 9, 2025
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    Versatile Commercial Space in Portales
    $250,000
    4,130 SF

    Versatile Commercial Space in Portales

    4,130 SF commercial property in central Portales location.

    212 W 1st Street, Portales, NM 88130
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    Remodeled Commercial Building with Drive-Up
    $275,000
    2,376 SF

    Remodeled Commercial Building with Drive-Up

    Remodeled commercial building with drive-up window in Portales, NM.

    201 S Abilene Avenue, Portales, NM 88101
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

    Remodeled Office and Warehouse on Acreage
    $395,000
    11,700 SF

    Remodeled Office and Warehouse on Acreage

    Remodeled office and warehouse on fenced 7 acres.

    1809 W Hwy 114, Levelland, TX 79336
    View details
    Clovis Office Building For Sale
    $182,000
    3,000 SF

    Clovis Office Building For Sale

    Office-ready 3,000 SF building ideal for professional or service business.

    800 N Mitchell Street, Clovis, NM 88101
    View details
    Remodeled Office and Warehouse Space
    $395,000
    11,700 SF

    Remodeled Office and Warehouse Space

    Remodeled office and warehouse on fenced 7-acre lot.

    1809 W Hwy 114, Levelland, TX
    View details
    Freestanding Office Building For Sale
    $2,700,000
    23,500 SF

    Freestanding Office Building For Sale

    Freestanding office building in a booming market, adjacent to mall.

    900 E Manana Blvd, Clovis, NM
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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.

    Commercial Land in Levelland, Texas
    $625,000
    20.00 Acres

    Commercial Land in Levelland, Texas

    20-acre commercial tract ideal for development in Levelland, Texas.

    508 Clubview Drive, Levelland, TX 79336
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    Wolfforth Commercial Land For Sale
    $449,000
    54,014 SF

    Wolfforth Commercial Land For Sale

    Prime commercial land in Wolfforth, TX, with utilities included.

    405 N Dowden Road, Wolfforth, TX 79382
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    Lubbock Land in Frenship District
    $47,500
    0.13 Acres

    Lubbock Land in Frenship District

    Available lots in Everest Heights, Frenship school district, Lubbock.

    7812 93rd Street, Lubbock, TX 79424
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    Lubbock Land in Everest Heights
    $47,500
    0.13 Acres

    Lubbock Land in Everest Heights

    10 lots available in Southwest Lubbock's Frenship school district.

    7810 93rd Street, Lubbock, TX 79424
    View details

    Portales, NM Office Buildings Investment Opportunities Market Analysis

    Explore 4 office buildings for sale in Portales, NM, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 16,840 square feet of properties for sale, with an estimated market value of $1,321,000.

    Sale prices for office properties in Portales, NM start at $250,000, averaging $330,250, and reaching up to $496,000 — 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

    Office buildings 4
    Office Units 2
    Medical Office Space 1

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

    Identify Portales submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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    Popular Searches in Portales, NM

    Most Searched ZIP Codes in Portales, NM

    • 88130
    • 88101

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