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Portales, NM Office Buildings for Sale

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Causey, NM 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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Versatile Commercial Space in Portales
Updated: Jan 24, 2025
Versatile Commercial Space in Portales

212 W 1st Street, Portales, NM 88130

$250,000
4,130 sqft
Prime location in the heart of Portales' business district at 212 W 1st Street, ensuring high visibility and easy accessibility.
Versatile 4,130‑square‑foot space across two floors, suitable for various commercial ventures.
Abundant built‑in shelving throughout the building, providing efficient storage solutions.
Private rooftop balcony offering a unique outdoor space.
Dedicated parking spaces available alongside and behind the building.
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Remodeled Commercial Building with Drive-Up
Remodeled Commercial Building with Drive-Up

201 S Abilene Avenue, Portales, NM 88101

$275,000
2,376 sqft

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

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

Clovis Office Building For Sale
Clovis Office Building For Sale

800 N Mitchell Street, Clovis, NM 88101

$182,000
3,000 sqft

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

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Church Campus with Redevelopment Potential
Church Campus with Redevelopment Potential

2202 Upland Ave, Lubbock, TX 79407

$700,000
9,900 sqft · 1.33 AC lot

Versatile church campus on 1.33 acres, ideal for redevelopment.

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New NNN Leased Property
New NNN Leased Property

6704 Yonkers Avenue, Lubbock, TX 79407

$1,085,000
7,200 sqft

7,200 SF NNN leased property in West Business Park.

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Mixed-Use Office-Retail Building
Mixed-Use Office-Retail Building

220 W 4th Street, Clovis, NM 88101

$140,000
1,820 sqft

Flexible interior layout with open main area, private office, kitchen, and restrooms for a range of business uses.

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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
Commercial Land in Levelland, Texas

508 Clubview Drive, Levelland, TX 79336

$625,000
20.00 AC lot

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

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Wolfforth Commercial Land For Sale
Wolfforth Commercial Land For Sale

405 N Dowden Road, Wolfforth, TX 79382

$449,000
54,014 sqft · 1.24 AC lot

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

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Lubbock Land in Frenship District
Lubbock Land in Frenship District

7812 93rd Street, Lubbock, TX 79424

$47,500
0.13 AC lot

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

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Lubbock Land in Everest Heights
Lubbock Land in Everest Heights

7810 93rd Street, Lubbock, TX 79424

$47,500
0.13 AC lot

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

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Portales, NM Office Buildings Market Trends and Statistics

Explore 3 office buildings for sale in Portales, NM, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,931 square feet of properties for sale, with an estimated market value of $800,000.

Sale prices for office properties in Portales, NM start at $250,000, averaging $266,666, 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 4
Office Units 3
Medical Office Space 2

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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