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Property profile & analytics
OFF-MARKET
Land

1821 Quail-Wood Dr Portales, NM 88130

Property ID
Property summary
AI-generated overview

This exceptional 8,945 square foot lot presents a prime development opportunity within the desirable Raven Wood subdivision of Portales, New Mexico. Located at 1821 Quail-Wood Drive, this property is being offered at an attractive asking price of $21,000. The land is categorized as vacant land, providing a blank canvas for potential buyers. While some existing improvements are noted in the vicinity, the property itself is sold "as-is" with no warranties expressed or implied. Prospective buyers are responsible for independently verifying all pertinent details, including any applicable restrictions, covenants, requirements, and the availability of utilities by contacting the city of Portales. A plat map is available for review to confirm the precise lot dimensions. This presents a unique chance to build in a developing area, making it an ideal investment for those seeking to capitalize on the growth potential of Portales, NM. The property's address is 1821 Quail-Wood Drive, Portales, NM 88130. The lot is situated in Roosevelt County.

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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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