805-819 Avenue C Pl Portales, NM 88130
This exceptional investment opportunity presents a five-unit retail shopping center ideally situated in the heart of Portales, New Mexico, at 805-819 S Avenue C Place, zip code 88130. Built in 1992, this property boasts a total of 4732 square feet and currently enjoys four active leases, including the established Juanitos restaurant. One unit is currently vacant, presenting a unique chance for immediate income generation or strategic tenant placement. The property's central location within Portales ensures high visibility and accessibility for businesses, attracting a steady stream of customers. The asking price for this well-maintained retail center is $460,000. This represents a compelling investment opportunity in a thriving New Mexico community. The property is classified as both retail and office space, offering flexibility for a diverse range of tenants. Detailed lease information and financial records are available upon request. This is a rare chance to acquire a well-established retail center in a desirable location with significant potential for growth and return on investment. Serious inquiries only.
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
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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.