Property profile

304 Ave Ave Portales, NM 88130

OFF-MARKET
Land
1.18 ac lot
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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

Location

304 Ave Ave Portales, NM 88130
Portales metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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