S Roosevelt Road AD

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S Roosevelt Road AD

Portales, NM 88130
Asking Price
$2.80M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset comprising 306 acres of functional dairy property
  • Strategically situated on S Roosevelt Road in Portales, New Mexico
  • Offered for sale at an asking price of 2,800,000 dollars
  • Provides expansive space for agricultural operations or commercial development
  • Located within an established agricultural submarket in Roosevelt County

What's Special

This 306-acre parcel on S Roosevelt Road serves as a functional dairy operation in Portales, New Mexico. The expansive site provides sufficient acreage for agricultural production, livestock management, or industrial expansion within the region's productive rural landscape. Portales maintains a steady agricultural sector, supported by its integration into the regional economy of Roosevelt County. The property offers the space necessary for large-scale operations, whether a buyer intends to continue current agricultural use or repurpose the land for other commercial ventures. The flat topography and accessibility of this acreage make it a practical choice for investors seeking a substantial landholding in an established agricultural corridor. With its strategic size, the site accommodates diverse operational requirements, allowing for flexible land use strategies within the local market. This tract represents a significant acquisition for those looking to expand their footprint in the New Mexico agricultural sector while benefiting from the area's ongoing commercial utility.

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NOI
$80,000
Cap Rate
2.86%
DSCR
0.48
Underwater
Cash-on-Cash
-10.27%
Monthly Payment
$13,852.872
Annual Cash Flow
$-86,234.467

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