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    3301 Wallace St Clovis, NM 88101

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    For Sale
    $1,406,000

    6.46 acre development site in Clovis retail corridor.

    Property size:
    6 SF
    Lot size:
    6.46 Acres

    Property Features for 3301 Wallace St

    General Information

    Size
    6 SF
    Lot size
    6.46 Acres

    Source: Shannon Powell Agent Shannon Powell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Clovis Development Site For Sale

    This 6.46 acre development site is located in Clovis, NM, within one of the city’s primary retail corridors. The property is positioned directly behind a Whataburger and other national retailers along Prince Street. The surrounding area includes major brands such as Walmart, Lowe’s, Planet Fitness, and Texas Roadhouse. Zoned Commercial General, the land supports a wide range of uses, making it suitable for retail, office, or multi-family development. The site features dual access from Sunset Drive and Wallace Street, enhancing convenience and visibility. It is situated just off the lighted intersection of Prince Street and Llano Estacado Blvd, offering strong visibility and traffic exposure. The location provides easy ingress and egress and customer flow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Curry
    State
    New Mexico
    Longitude
    -103.1999696
    Latitude
    34.4316263

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    FAQs

    What type of property is this?
    Land - 6.46 acre development site in Clovis retail corridor.
    Where is this land located?
    The property is located at 3301 Wallace St Clovis, NM.
    What is the asking price?
    The asking price for this property is $1,406,000.
    What are key features of this property?
    This property features: - Prime location in a major retail corridor directly behind Whataburger and near Walmart, Lowe’s, Planet Fitness, and Texas Roadhouse.; - Zoned Commercial General, supporting a wide range of development options.; - Excellent visibility and high traffic exposure, situated just off the lighted intersection of Prince Street and Llano Estacado Blvd.
    (281) 788-1758
    Request Owner's contact information
    3301 Wallace St Clovis, NM 88101
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    3301 Wallace St
    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
    3301 Wallace St Clovis, NM 88101
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