1821 Quail-Wood Dr, Portales, NM 88130
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.
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.