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Property profile & analytics
OFF-MARKET
Commercial real estate

1429 Avenue D Portales, NM 88130

2,960 SF 0.2 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 2,960 SF
Lot 0.2 ac (8,712 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • OSO Cannabis Company (Bike/Boat/Book/etc) Store
  • Designs By J Production Facility Textile Manufacturer
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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