0000 Rr Portales, NM 88130
This exceptional 622-acre land parcel presents a compelling investment opportunity in Roosevelt County, New Mexico. Located near Portales, NM, with the address 0000 S Rr W, zip code 88130 (latitude 34.1129091, longitude -103.4224663), this expansive property offers significant potential for various uses. The land is currently fenced with barbed wire, providing a degree of security and defining the boundaries. A key feature is an existing well equipped with a ½ horsepower pressure pump, offering a valuable water source. The asking price for this substantial land holding is $389,900. Given its size and existing infrastructure, this property is well-suited for a range of agricultural, recreational, or development projects. The property's location in Roosevelt County provides access to local amenities and transportation networks. Further details regarding the property's zoning and potential uses are available upon request. This is a rare opportunity to acquire a large tract of land in a desirable location, offering considerable potential for future growth and return on investment. Serious inquiries are encouraged to explore the possibilities of this unique property. Contact us today to schedule a viewing and discuss the potential of this remarkable land offering.
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.