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    1221 Prince St Clovis, NM 88101

    For Sale
    $380,000

    Prime corner lot, 5,500 sq ft, endless potential.

    Property size:
    5,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, situated at 1221 N Prince Street in Clovis, New Mexico, presents a unique investment opportunity. Boasting a generous 5,500 square feet of space on a sizable 0.16-acre corner lot, this building benefits from high traffic visibility, ensuring maximum exposure for any business. The property features a large overhead door providing convenient access from both the street and an adjacent alley, enhancing operational efficiency and logistics. Internal features include a functional kitchen area and a single restroom, adding to the property's versatility. Central air conditioning and heating systems are in place, ensuring year-round comfort. Currently vacant, the property's windows are temporarily boarded. This presents a blank canvas for prospective buyers to customize and renovate to suit their specific business needs. The strategic location and substantial square footage make this an ideal property for a diverse range of commercial ventures. The asking price is $380,000. Serious inquiries are encouraged to explore the potential of this promising commercial space. Don't miss this chance to acquire a well-positioned property in a thriving Clovis location.

    Property Features for 1221 Prince St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,500 SF
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1993
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Curry
    State
    New Mexico
    Longitude
    -103.1961
    Latitude
    34.41079

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    FAQs

    What type of property is this?
    Commercial real estate - Prime corner lot, 5,500 sq ft, endless potential.
    Where is this commercial real estate located?
    The property is located at 1221 Prince St Clovis, NM.
    What is the asking price?
    The asking price for this property is $380,000.
    (575) 935-4040
    Request Owner's contact information
    1221 Prince St Clovis, NM 88101
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    Clovis, NM 88101
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    Realmo Value Estimation

    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.

    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.

    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
    1221 Prince St Clovis, NM 88101
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