Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2625 Aldrich Rd Clovis, NM 88101

    Sponsored
    Picture of Duplexes at Aldrich Rd 2625, Clovis, NM
    For Sale
    Pending
    $322,000

    MULTI_FAMILY - Clovis, NM

    Property size:
    1,854 SF
    Lot size:
    0.16 Acres
    Days on Market:
    13
    Last Refresh:
    Jan 22 at 12:06 am

    Property Features for 2625 Aldrich Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    APN
    121301125919800
    Parking features
    Open, Garage
    Interior features
    Ceiling Fan(s)
    Fencing
    Fenced
    Appliances
    Dishwasher, Microwave, Free-Standing Range, Refrigerator
    Size
    1,854 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Number of units
    2
    Roof type
    Shingle

    We can help!

    Listing Contact
    Illeana Griego

    Southwest Real Estate (575) 762-7801 [email protected]

    Listing agent Illeana Griego (575) 762-7801

    Listing date Jan 10, 2026

    Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    New Duplex in Clovis, NM

    This multifamily property, located in Clovis, New Mexico, features a duplex with two units, each containing two bedrooms and two bathrooms. The property, situated on a 0.1641-acre lot, offers a total building size of 1854 square feet. Construction is scheduled to be completed by November. This property is suitable for investors looking for cash flow or for owner-occupants who want to live in one unit and rent out the other. The modern layouts and new systems are designed to minimize upkeep and maximize profit potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Wholesale Shop Tailor Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Curry
    State
    New Mexico
    Longitude
    -103.169722
    Latitude
    34.410261

    Nearby Similar for Sale

    • $290,000
      Pending

      Clovis Multifamily Investment Opportunity

      Multifamily property in Clovis, NM, featuring two units with garages.
      1320 Ash St, Clovis, NM 88101
      View Details
    • $185,000
      3,193 SF

      Clovis Multifamily Investment Opportunity

      Four-unit multifamily property in Clovis, NM, with income potential.
      515 E 7Th St, Clovis, NM 88101
      View Details
    • $290,000
      2,808 SF

      Clovis Multifamily Investment Property

      Multifamily property in Clovis, NM, featuring two units.
      1316 Ash St, Clovis, NM 88101
      View Details
    • New
      $365,000
      2,124 SF

      New Duplex Under Construction

      New duplex in Clovis, NM, offering income potential.
      120 Chisum Dr, Clovis, NM 88101
      View Details
    • $119,900
      1,978 SF

      Clovis Multifamily Investment Opportunity

      Two homes on one lot, ideal for investors or owner-occupiers.
      1016 Rencher St, Clovis, NM 88101
      View Details
    • New
      $322,000
      Pending

      Clovis Duplex: Investment Opportunity

      Two-unit property in Clovis, NM, ideal for investors or owner-occupiers.
      2621 Aldrich Rd, Clovis, NM 88101
      View Details
    • $990,000
      14,000 SF

      Trucking Facility with Wash Bay

      Trucking facility with trailer wash bay and truck parking available.
      600 S Edwards St, Clovis, NM 88101
      View Details
    • New
      $220,000
      2,237 SF

      Clovis Duplex with Garage

      Well-maintained 2-bedroom, 2-bath duplex with garage in quiet neighborhood.
      3212 Wallace St, Clovis, NM 88101
      View Details
    • $322,000
      Pending

      New Duplex in Clovis, NM

      New 2-bed, 2-bath duplex, ready by November, great investment.
      2617 Aldrich Rd, Clovis, NM 88101
      View Details
    • $4,970,045
      6,500 SF

      Clovis, NM Parachute Plasma

      NNN leased investment property with long-term tenant in Clovis, NM.
      4026 N Prince St, Clovis, NM 88101
      View Details
    • Contact for pricing
      21,000 SF

      Retail Space in Wal-Mart Outparcel

      Retail space available in a busy Clovis shopping center.
      4024 N Prince St, Clovis, NM 88101
      View Details
    • $2,500,000
      7,831 SF

      New Retail Building For Sale

      7,831 SF retail building built in 2023 on 2.06 acres.
      512 E Llano Estacado Blvd, Clovis, NM 88101
      View Details

    FAQs

    What type of property is this?
    Duplex - New 2-bed, 2-bath duplex, great for investors or owner-occupants.
    Where is this duplex located?
    The property is located at 2625 Aldrich Rd Clovis, NM.
    What is the asking price?
    The asking price for this property is $322,000.
    What are key features of this property?
    This property features: - Duplex: Live in one unit and rent the other, or rent both for strong cash flow.; - Brand new construction with completion expected in November.; - Modern layouts and brand-new systems mean minimal upkeep.
    (575) 762-7801
    Request Owner's contact information
    2625 Aldrich Rd Clovis, NM 88101
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2625 Aldrich Rd
    Clovis, NM 88101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2625 Aldrich Rd Clovis, NM 88101
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Illeana Griego
    (575) 762-7801
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.