1819 Quail-Wood Dr Portales, NM 88130
This exceptional 8,945 square foot lot presents a prime development opportunity within the desirable Raven Wood subdivision in Portales, New Mexico. Located at 1819 Quail-Wood Drive, 88130, this property offers builders and investors a chance to capitalize on a burgeoning area. The lot boasts some existing improvements nearby, making it an attractive proposition for those seeking a convenient and established location. This property is being sold "as-is" with no warranties expressed or implied. Prospective buyers are responsible for independently verifying all pertinent information, including but not limited to: any applicable restrictions, covenants, requirements, and the availability of utilities. A plat map is available for detailed lot size information. The asking price for this remarkable development opportunity is $21,000. This is a rare chance to acquire land in a growing community, offering significant potential for future growth and return on investment. Don't miss this chance to secure your piece of Portales.
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.