519 NM-88, Portales, NM, 88130
Property Details
2
2
Single Family Residence
Description
Property Details: • Type: Single Family Residence • Bedrooms: 2 • Bathrooms: 2 • Square Footage: 1,140 sq ft
Description: Perfect for home buyers who enjoy DIY projects. (Developers and investors welcome.)
Rare opportunity to acquire a home with 40 acres just outside city limits in Roosevelt County, offering flexible zoning and strong development potential.
Conveniently located near ENMU, Walmart, Hospital & other local amenities.
The existing home requires TLC (primarily cosmetic updates) and is being sold as-is, providing a solid starting point or interim use while planning future improvements or development.
A second dwelling is permitted. Property includes irrigation, private, and domestic wells and has historically been used for agricultural and horse property.
Potential uses (subject to zoning/approval): Residential subdivision Trade or vocational school Mixed-use or commercial development Agricultural or specialty farm Renewable energy or specialty concepts Whether youre seeking an income-producing project, long-term land hold, or a visionary development opportunity, this property offers space, flexibility, and upside.
Drive-by viewing only. Do not disturb occupants.
$285,000 Cash Preferred
$485,000 if financing
Currently reviewing submitted cash offers. As-is sale. Closing through Actez Title Company. Owner/Investor
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Location
Address
519 NM-88, Portales, NM, 88130
City
Portales
Features and Finishes
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