370 Toledo Street

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370 Toledo Street

Portales, NM 88130
Asking Price
$160K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset consisting of 16 acres in Portales.
  • The property is currently listed for sale at $160,000.
  • Site is located at 370 Toledo Street in New Mexico.
  • Large footprint suitable for diverse commercial development and business use.
  • Situated within a stable regional economy in Roosevelt County.

What's Special

Priced at $160,000, this 16-acre parcel at 370 Toledo Street presents a commercial land development opportunity in Portales, New Mexico. The site provides significant acreage suitable for a variety of commercial projects requiring large footprints within this regional market. Portales serves as a central hub for Roosevelt County, supported by a stable local economy and proximity to key transportation routes that connect to the broader High Plains region. This expanse of land offers flexibility for developers or business owners looking to establish operations in a growing community that prioritizes accessibility and regional growth. Investors and commercial users will find the site capable of supporting large-scale infrastructure or business facility requirements. Its strategic position within the city allows for potential integration into existing local business corridors, making it a functional acquisition for those seeking expansive space in a well-established New Mexico municipality.

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NOI
$80,000
Cap Rate
50.00%
DSCR
8.42
Strong
Cash-on-Cash
146.88%
Monthly Payment
$791.593
Annual Cash Flow
$70,500.888

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