Property profile

223 Chicago Ave Portales, NM 88130

OFF-MARKET
Commercial real estate
Property ID
US61-1226195
1,440 SF 0.16 ac lot
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 1,440 SF
Lot 0.16 ac (7,000 SF)
APN 100000000620600
UPID US61-1226195

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor
  • Real Estate Agency

Location

223 Chicago Ave Portales, NM 88130-5472
Portales metro Census 100 PORTALES, NM MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2024
6 recorded transactions
2024
Price N/A
2024
Price N/A
2022
Price N/A
2019
Price N/A
2011
Price N/A
2005
Price N/A

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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