1921 Dillon Wood Dr Portales, NM 88130
This exceptional 50-square-foot lot presents a remarkable opportunity for building your dream home in Portales, New Mexico. Located in a newer subdivision, this property enjoys a highly desirable location near Roosevelt General Hospital and Eastern New Mexico University (ENMU), offering convenient access to essential services and educational institutions. The lot's advantageous position ensures a peaceful and convenient lifestyle, while its proximity to key amenities enhances its overall appeal. Importantly, this property is not situated within a flood zone, eliminating potential flood-related risks and concerns. The land is ready for immediate development, allowing for a swift commencement of your construction project. Furthermore, the builder/seller offers the added convenience of constructing your dream home, providing a seamless and comprehensive building experience. This presents a unique opportunity to acquire a well-situated lot in a thriving community, offering both convenience and peace of mind. The asking price for this exceptional property is $28,500. The address is 1921 Dillon Wood Drive, Portales, NM 88130.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.