You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Commercial real estate

107 Main Ave Portales, NM 88130-5909

3,500 SF 0.08 ac lot
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US61-1071437
Property summary
AI-generated overview

This exceptional 3,500 square foot retail space, situated on a 0.08-acre lot at 107 S. Main Avenue in downtown Portales, New Mexico, presents a unique opportunity for a variety of businesses. Previously used as a dispensary, the property boasts several attractive features perfectly suited for retail or service-oriented enterprises. The space includes unique display cases, ideal for showcasing merchandise, along with ample office space to manage daily operations. Security is a key feature, with two large safes and a comprehensive security system already in place. A recently installed HVAC system ensures year-round comfort for both employees and customers. The property also offers two bathrooms for convenience. Significant storage is available, including a sizable warehouse area perfect for inventory or equipment, and additional storage space located upstairs in a loft area. This loft space offers further versatility, potentially serving as extra office space or additional display area. The property's prime downtown location ensures high foot traffic and excellent visibility, maximizing exposure for your business. This is a rare opportunity to acquire a well-equipped and strategically located commercial property in the heart of Portales. The asking price is $161,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 3,500 SF
Lot 0.08 ac (3,500 SF)
APN 100000000559100
UPID US61-1071437
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
  • Trichomez (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Diana Lee Seago · 2 yrs held
Diana Lee Seago
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 107 Main Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message