1301 S Ave D

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1301 S Ave D

Portales, NM 88130
Asking Price
$150K
Asset Type
Traditional Office Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use commercial property available for purchase in Portales
  • Building encompasses a total of 1,848 square feet
  • Asset is currently offered at an asking price of 150,000
  • Versatile layout supports traditional office or retail utility
  • Located within the central commercial region of Roosevelt County

What's Special

This mixed-use property in Portales, New Mexico, presents a functional acquisition for investors or owner-occupants seeking a traditional office space. Spanning 1,848 square feet, the building at 1301 S Ave D offers a versatile footprint suitable for various commercial or professional service applications. Portales serves as a regional hub in Roosevelt County, characterized by a steady economic base anchored by local industry and proximity to educational institutions. Investors can leverage the existing structure for administrative, retail, or service-oriented business models that benefit from an established community presence. The property sits within a key area of the city, providing a strategic foundation for those looking to expand their footprint in this growing market segment. The layout supports efficient floor planning for diverse professional needs, making it a practical addition to any local real estate portfolio.

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NOI
$80,000
Cap Rate
53.33%
DSCR
8.98
Strong
Cash-on-Cash
157.99%
Monthly Payment
$742.118
Annual Cash Flow
$71,094.582

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