Unknown Portales, NM 88130
Property profile & analytics
Unknown Portales, NM 88130
- Commercial real estate
- 6,000 SF
- 0.16 lot acres
Property ID
US61-1094971
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- The Happy Place / (Bike/Boat/Book/etc) Store
- The Courthouse Cafe LLC / Cafe & Coffee Shop
- The Bow Room / Clothing & Fashion Store
Property Details for Unknown
- Lot size
- 0.16 lot acres
- Property size
- 6,000 SF
- Property type
- Commercial real estate
- APN
- 100000000898500
- APU
- 100000000898500
Description
This exceptional 6,000 square foot commercial building is situated at 109 S Main Avenue, in the heart of Portales, New Mexico. Boasting a prime location on the town square, this property benefits from high foot traffic due to its proximity to the courthouse and other local businesses, ensuring excellent visibility and accessibility to a strong local clientele. The building itself has undergone significant improvements, including updated electrical and plumbing systems, providing modern functionality and efficiency. The roof has been recently replaced with durable TPO roofing material, ensuring long-term protection and minimal maintenance. The interior offers ample space for a variety of commercial uses, with the potential for expansion as needed. The building is ADA compliant, featuring two conveniently located restrooms on the main level. Two additional rooms are available upstairs, ideal for storage, group meetings, or office space, along with a separate restroom. A full basement provides easy access to plumbing and offers additional storage capacity. While a restaurant currently occupies the space, it is not included in the sale, presenting a blank canvas for your business vision. The 0.16-acre lot provides ample space for outdoor activities or potential expansion. This is a rare opportunity to acquire a well-maintained, centrally located commercial building in a thriving community. Don't miss this chance to establish your business in a highly desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Portales
- County
- Roosevelt
- State
- New Mexico
- Longitude
- -103.337
- Latitude
- 34.1865
- CBSA code
- 38780
- CBSA name
- PORTALES, NM MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,009
$5,203
$67,532
$72,735
-
$15,610
$202,595
$218,205
