Event #250-1
Bidding Format: Sealed Bid
2301 West 18th Street
Portales, NM 88130
Roosevelt County View Map
Commercial Property
Lot Size: ±32 acres
 
APN/Tax ID: 100000000610900 & 100000000610909
APN/Tax ID: 100000000610900 & 100000000610909
BID DEADLINE
21 Sep 5:00 pm CDT
Minimum Bid
US $499,000
Required bid deposit: US $10,000
+ ADD TO WATCH LIST
BID NOW
APN/Tax ID: 100000000610900 & 100000000610909

Description

This online auction is for a former Coca-Cola bottling/distribution center comprised of 2 buildings of ±164,500 and ±5,720 square feet on ±32 acres of land. The property is located along U.S. Highway 70 in the southwest portion of Portales, New Mexico.

Highlights/features of this property are as follows:

  • Building Improvements include main processing plant/office, service garage & storage shed
  • ±794' of frontage along e/s of S Industrial Dr; ±2,210' of frontage along the s/s of W 18th St; & ±868' along the w/s of BN&SF Railroad & US Hwy 70
  • Direct access from the s/s of 18th St & the e/s of S Industrial Dr
  • Site is generally level in topography
  • Site is zoned M-1 (Light Manufacturing District); allowable uses in this district may include, but not limited to: office use, retail use, service use, warehouse buildings, distribution centers, etc.
  • 85 onsite parking spaces
  • Access to public utilities (City of Portales)

Portales is a city in and the county seat of Roosevelt County, New Mexico. The population was 12,280 at the 2010 census. Portales is located near the larger city of Clovis as well as Cannon Air Force Base, a major contributor to the economy of the region.

Eastern New Mexico University opened in Portales in 1934 and has grown to become the third largest university in the state. Portales is one of the largest producers of Valencia peanuts in the United States and is the nation's top producer of Certified Organic peanut butter. Portales is home to over about 40 dairies and a major US dairy solids plant, together producing and exporting hundreds of millions of dollars of local milk products each year. Portales is the principal city of the Portales Micropolitan Statistical Area, which is part of the larger Clovis-Portales Combined Statistical Area, including Clovis, 19 miles away and Cannon Air Force Base, 13 miles away.

Arts and cultural offerings emanate from Eastern New Mexico University, the third largest state university in New Mexico. Portales ranks in the top 20% of US cities for racial diversity, percentage of college educated adults, and percentage of people who walk or bike to work. Portales rates in the top 10% of US cities for a short commute, rent affordability, and low taxes.

A Temporary Access Agreement (found in the Downloadable Documents section) must be executed and submitted to Broker prior to setting up an appointment to tour the Property.

Downloadable Documents

Auction Information Property Information Title and Escrow

Viewing Schedule

If you would like to visit this property, please complete and submit the

You will need a registered account and be 'Signed In' to view and complete the document.

Once you have submitted the agreement, please contact the Property Representative to set up an appointment.

Financing

There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.

If you choose to obtain financing from a third-party lender and the third-party lender is unable, for any reason, to provide you with a loan, then your bid shall be considered an ALL-CASH offer.

If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.

For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

Broker of Record for this property: Town & Country Real Estate, Inc., NM license #14145

All information contained on FRE.com and dispensed by the Support Staff, Property Representative and other agents of the Seller is from sources deemed reliable and is not warranted or guaranteed by the Seller, its partners or related companies, LFC Communications, Inc., LFC Internet Marketing, Inc., LFC Marketing Services, Inc., or any of their agents. Buyers shall rely entirely on their own judgment and inspection.

BID DEADLINE
21 Sep 5:00 pm CDT
Minimum Bid
US $499,000
Required bid deposit: US $10,000
BID NOW pop
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Auction ended.
Bidding Questions or Assistance?
Auction Manager
Debi Roks
LFC Marketing Services
Phone: (949) 706-6107 Email: droks@lfc.com
Property Representative
Jerry Cass, CCIM
Town & Country Real Estate, Inc.
Phone: (575) 762-7776 Email: jerrycass@3lefties.com
Property Representative
Brett Johnson
Town & Country Real Estate, Inc.
Email: 505brett@gmail.com
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