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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

805-819 Avenue C Pl Portales, NM 88130

Built 1992
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1992
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
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CAP Approach CAP
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Comparable Approach Comparable
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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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