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    401 S 1St St Clayton, NM 88415

    For Sale
    $1,473,685

    Retail property with NNN lease expiring 9/30/28.

    Property size:
    8,000 SF
    Lot size:
    0.68 Acres

    Property Features for 401 S 1St St

    General Information

    Size
    8,000 SF
    Lot size
    0.68 Acres

    Source: TNG Real Estate Services Inc. Agent Chris Nikchevich

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

    Overview

    Clayton Retail NNN Lease

    This retail property features a corner location and is subject to a NNN lease. The lease is set to expire on September 30, 2028. The property has a size of 8000 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Union
    State
    New Mexico
    Longitude
    -103.1862212
    Latitude
    36.4557476

    FAQs

    What type of property is this?
    Retail space - Retail property with NNN lease expiring 9/30/28.
    Where is this retail space located?
    The property is located at 401 S 1St St Clayton, NM.
    What is the asking price?
    The asking price for this property is $1,473,685.
    What are key features of this property?
    This property features: - Corner Location; - NNN Lease; - Lease Expiration: 9/30/28
    (818) 983-7995
    Request Owner's contact information
    401 S 1St St Clayton, NM 88415
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    401 S 1St St
    Clayton, NM 88415
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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
    401 S 1St St Clayton, NM 88415
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