1429 Avenue D, Portales, NM 88130
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.
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OSO Cannabis Company (Bike/Boat/Book/etc) Store
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Designs By J Production Facility Textile Manufacturer
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.