Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    1429 Avenue D, Portales, NM 88130

    Property ID
    Property summary
    AI-generated overview

    This 8,500 square foot commercial lot at 1429 S Ave. D in Portales, New Mexico, presents a compelling investment opportunity. Priced at $195,000, this property boasts a highly desirable location with excellent visibility and high traffic volume. Convenient on-site parking is available both in front and at the rear of the building. The existing structure offers versatile space, ideal for a variety of commercial uses. The building features three to four spacious office areas, two large conference rooms, a welcoming lobby with a receptionist desk, and a substantial showroom area. A kitchenette and two bathrooms provide added convenience. Two additional rooms offer flexible use options, adaptable to specific business needs. Furthermore, two large rear bays, each equipped with overhead doors, provide ample space for parking, storage, or shipping. This property is well-suited for retail businesses, office spaces, or salons. The seller is motivated and open to leasing options as well. Located in Roosevelt County, New Mexico, with a zip code of 88130, this property offers a unique chance to establish or expand a business in a thriving area. The coordinates are 34.1762408 latitude and -103.3344768 longitude.

    Property profile
    Verified
    Property type Land
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1429 Avenue D?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message