1825 Quail-Wood Dr, Portales, NM 88130
This exceptional 8,945 square foot lot presents a prime development opportunity in Portales, New Mexico's desirable Raven Wood subdivision. Located at 1825 Quail-Wood Drive, this property is being offered at an attractive asking price of $21,000. The land is situated within a newer subdivision, offering the advantage of existing improvements nearby. While some improvements exist near the site, the property itself is sold "as-is" with no warranties expressed or implied. Prospective buyers are responsible for independently verifying all pertinent details, including any applicable restrictions, covenants, requirements, and the availability of utilities by contacting the city of Portales. A plat map is available for review to confirm the precise lot dimensions. This presents a unique chance to acquire a sizable parcel in a growing area, ideal for various development projects. The property's address is 1825 Quail-Wood Drive, Portales, NM 88130. This Roosevelt County location offers convenient access to local amenities and infrastructure. Don't miss this chance to secure this valuable piece of land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.