1429 Avenue D Portales, NM 88130
This 2,960 square foot commercial building situated on a 0.2-acre lot at 1429 S Ave. D in Portales, New Mexico, presents a compelling investment opportunity. The property boasts a highly desirable location with excellent visibility and high traffic volume. Ample parking is available both in front and behind the building, ensuring convenient access for customers and employees. The interior layout is versatile and adaptable to a variety of uses. The building features three to four spacious office areas, perfect for individual offices or collaborative workspaces. Two large conference rooms provide ample space for meetings and presentations. A welcoming lobby includes a receptionist desk, setting a professional tone. A sizable showroom area offers excellent display space for retail or product demonstrations. A convenient kitchenette is included for employee or tenant use. Two full bathrooms cater to the needs of occupants and visitors. Two additional rooms offer flexible use, allowing for customization to suit specific business requirements. Adding to the property's functionality are two large rear bays, each equipped with overhead doors. These bays are ideal for parking, storage, or shipping and receiving operations, making the property suitable for businesses requiring such facilities. The property's versatility makes it an excellent prospect for retail businesses, professional offices, or salons. The seller is motivated and will also consider leasing options. This is a rare opportunity to acquire a well-located, multi-use commercial building in a thriving community.
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OSO Cannabis Company (Bike/Boat/Book/etc) Store
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Designs By J Production Facility Textile Manufacturer
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.