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Property profile & analytics
OFF-MARKET
Commercial real estate

508 New York Dr Portales, NM 88130

10.15 ac lot
Property ID
US61-1148888
Property summary
AI-generated overview

This exceptional 10.147-acre parcel of land is situated in Portales, New Mexico, at 508 New York Dr, zip code 88130. Located in Roosevelt County, this property offers a unique opportunity for various development projects. The land boasts convenient access via a paved road, eliminating the challenges often associated with unimproved properties. The generous lot size provides ample space for a wide range of uses, including residential development, potentially accommodating manufactured homes. The property's location in Portales offers proximity to local amenities and services. With its strategic location and significant acreage, this property presents a compelling investment prospect for those seeking a substantial land holding in a desirable New Mexico location. The coordinates are 34.184066 latitude and -103.401751 longitude. The asking price for this expansive property is $15,000. This represents a significant value proposition for the acreage offered and its convenient location. Serious inquiries are encouraged to explore the full potential of this remarkable land opportunity.

Property profile
Verified
Property type Commercial real estate
Lot 10.15 ac (442,003 SF)
UPID US61-1148888
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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