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    512 E Llano Estacado Blvd Clovis, NM 88101

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    For Sale
    $2,500,000

    7,831 SF retail building built in 2023 on 2.06 acres.

    Property size:
    7,831 SF
    Lot size:
    2.06 Acres

    Property Features for 512 E Llano Estacado Blvd

    General Information

    Size
    7,831 SF
    Lot size
    2.06 Acres

    Source: King Capital Commercial Real Estate Agent Clayton King

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

    Overview

    New Retail Building For Sale

    This 7,831 square foot retail building, constructed in 2023, is situated on a 2.06-acre lot. The property is located just northwest of North Plains Mall and Clovis Shopping Center, which includes Albertson’s and Hobby Lobby as tenants. It is also near national retailers such as Walmart Supercenter, Dollar Tree, Dollar General, and Walgreens.
    Location Intelligence

    Current Use by Public Records

    Texas Roadhouse Steak House

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -103.1999488
    Latitude
    34.4345335

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    FAQs

    What type of property is this?
    Retail space - 7,831 SF retail building built in 2023 on 2.06 acres.
    Where is this retail space located?
    The property is located at 512 E Llano Estacado Blvd Clovis, NM.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - New construction (built in 2023); - Large building size (7,831 SF); - Sizeable lot (2.06 acres)
    (505) 263-8531
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    512 E Llano Estacado Blvd 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
    512 E Llano Estacado Blvd Clovis, NM 88101
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