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Property profile & analytics
OFF-MARKET
Land

304 Ave Ave Portales, NM 88130

1.18 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.18-acre lot presents a unique opportunity to build your dream home in the desirable city of Portales, New Mexico. Located at 304 N Ave S Avenue, this property boasts convenient pavement access on the west side, offering easy accessibility and construction logistics. The lot is situated within minutes of Eastern New Mexico University, providing proximity to educational institutions and a vibrant community. All utilities are readily available in the area, simplifying the building process and ensuring a seamless transition into your new home. The expansive 1.18 acres provide ample space for a custom-designed residence, allowing for personalized landscaping and outdoor living areas. This property is priced affordably at $40,000, making it an attractive investment for those seeking to build in a convenient and established neighborhood. The address is verified as 304 N Ave S Avenue, Portales, NM 88130, within Roosevelt County. Don't miss this chance to secure a piece of Portales and create the home you've always envisioned. The property's location offers a blend of convenience and tranquility, making it an ideal setting for a new home. Take advantage of this opportunity to build your future in Portales.

Property profile
Verified
Property type Land
Lot 1.18 ac (51,401 SF)
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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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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