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    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
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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