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Property profile & analytics
OFF-MARKET
Commercial real estate

1921 Dillon Wood Dr Portales, NM 88130

Entity Owned 9-yr Hold
Property ID
US61-1193238
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
UPID US61-1193238
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
New Life Properties LLC · 9 yrs held
New Life Properties LLC
since 2016
2 recorded transactions
2020
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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