370 Roosevelt Road R Portales, NM 88130
- Commercial real estate
- 30,000 SF
- 40.00 lot acres
Current Use by Public Records
- Generations Farm / Church
- Conquer / Gym
Property Details for 370 Roosevelt Road R
- Lot size
- 40.00 lot acres
- Property size
- 30,000 SF
- Property type
- Commercial real estate
Description
This exceptional 40-acre property in Portales, New Mexico presents a unique investment opportunity. The centerpiece is a massive metal building, approximately 30,000 square feet, offering endless possibilities for redevelopment. Its interior is largely unfinished, allowing for complete customization to suit diverse business needs. Existing plumbing stubs provide a head start on any build-out. Beyond the main building, the property boasts impressive recreational amenities. A fully finished gym features flooring, scoreboards, a roll-up door, storage, an office, and a concession area. Complementing the gym are a baseball/softball field and a football field, further enhanced by a separate concession area complete with restrooms. The property's substantial concrete and metal construction contributes significantly to its overall value. This is a rare opportunity to acquire a large-scale property with significant existing infrastructure, ideal for a variety of commercial or recreational ventures. Priced at $700,000, this property represents exceptional value for its size and potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portales
- County
- Roosevelt
- State
- New Mexico
- Longitude
- -103.338
- Latitude
- 34.2054
