Sedona Hills Real Estate Search

Sedona Hills Just Listed Properties for Sale

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Newest Sedona Hills Just Listed Properties for Sale

800 Pile St, Clovis
$889,000
26000838 MLS
Prime Downtown Clovis New Mexico Investment Opportunity | Stabilized Income with Significant Value-Add Potential. Positioned just steps from the courthouse in the heart of town, this 12,400 square foot two-unit commercial property offers immediate cash flow with substantial upside. Ideal for investors seeking strong returns or owner-users looking for a flagship location, this asset combines stability, scale, and opportunity. Unit 1 consists of a 6,700 square foot professional office complex currently leased to the Public Defender's Office on a 15-year lease through 2037, with an option extending to 2042. The lease renews annually on June 1 with 3% increases, with the lessor responsible for utilities, insurance, and taxes. Even with only one unit occupied, the property is producing approximately an 8% cap rate. Recent improvements include replacement of all three HVAC units and fresh exterior paint. The space is in excellent condition and includes a secure public entry and waiting area, two public restrooms, three reception areas, fifteen private offices, four records/storage rooms, two employee restrooms, a board room, meeting room, and a kitchen/breakroom with stove, oven, refrigerator, microwave, and sink. The property also provides 27 off-street parking spaces. Unit 2 is a 5,700 square foot historic 1930s brick building full of character and ready for renovation. Featuring hardwood floors, high ceilings, fireplaces, and an open floor plan, this space presents a compelling value-add opportunity. Its proximity to the courthouse makes it well suited for professional office use such as a religious institution, private law firm, mediation center, title company, CPA or financial services office, bail bonds, consulting firm, or co-working space. The building's classic brick architecture and downtown presence also lend themselves to creative repositioning as a restaurant, bar, event venue, boutique retail space, or specialty business seeking a distinctive. Includes 17 off-street parking spaces. This property offers a rare combination of long-term government tenancy, built-in annual rent increases, ample parking, and untapped potential in a prime downtown setting. With stabilized income already in place and significant room to increase NOI through renovation and lease-up of Unit 2, this is a strategic investment opportunity in the Clovis commercial market. Additional financial details available.

800 Pile St, Clovis

Listing courtesy of Exp Realty, LLC.

1621 S Roosevelt Rd, Portales
$264,900
2 Beds ⋅ 2 Baths ⋅ 26000823 MLS
Horse Property Just Outside Portales City Limits! Here is the horse property you've been waiting for! Conveniently located just outside the city limits of Portales, this property offers the best of both worlds-peace, space, and room for your horses, while still providing easy access to everything the city has to offer. The 2-bedroom, 1½-bath home features a comfortable open floor plan that seamlessly connects the living room, dining area, and kitchen. The spacious layout creates an inviting atmosphere that's perfect for entertaining, spending time with family, or simply relaxing and enjoying the comforts of home. Outside, the property truly shines for horse lovers and those looking for extra space. A large 60' x 40' (MOL) horse barn provides plenty of room for stalls, tack, equipment, storage, or whatever you need to keep protected from the elements. The acreage behind the home provides plenty of room for your horses to move and enjoy the outdoors rather than being confined to stalls. There's also ample space to add an arena, create additional amenities, or simply maintain the acreage as a private retreat. If you've been searching for a property where you can enjoy country living, keep your horses close, and still be just minutes from Portales, this one deserves a look! Square footage figures are provided as a courtesy estimate only and were obtained from Roosevelt County Assessor. Buyer is advised to obtain an independent measurement.

1621 S Roosevelt Rd, Portales

Listing courtesy of Buena Vista Realty.

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