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Five-Unit Strip Center
For Sale
$575,000

1515 N Prince St, Clovis, NM 88101

Partially occupied retail center with a rehab-ready configuration along Prince Street.

Property SizeContact for details
Days on Market108

Property Features for 1515 N Prince St

General Information

Standard status Active

Property Condition

Severity Repairs Needed
Evidence needs some work

Taxes and HOA fees

Annual Taxes $4,456

Building Details

Tenancy Multi
Listing Agency: Town & Country Real Estate, Inc.
Listed By: Brett Johnson
Source: Exprealty
Added: May 8 Changed: Aug 20 Last Checked: Aug 22 at 9:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Town & Country Real Estate, Inc.

Investment Insights

Based on property information with market context.

This five-unit retail center at 1515 N Prince St includes three existing tenants and requires additional work. The property offers a multi-suite commercial layout with an opportunity for rehabilitation and physical improvements.

A separate offering at 1521 N Prince includes the north 7,763 sq ft portion of the center. Acquiring both properties would provide the full center, with exposure to passing traffic along Prince Street in Clovis, NM.

Key Highlights

  • Five‑unit strip center with 3 tenants in place
  • Rehabilitation and physical improvements needed
  • North 7,763 sq ft portion also available at 1521 N Prince

Property Analytics

Current Use

Lilian Cruz Coffee ... Specialty Food Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

42
Businesses Nearby

Demographics for 88101, NM

45,651
Population
19,798
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
82%
High-School Grad
539.3 sq mi
ZIP Area
85
Density / Sq Mi
$55,349
Median Household Income
$35,816
Median Earnings
$991
Median Rent
$162,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Strip mall - Partially occupied retail center with a rehab-ready configuration along Prince Street.
Where is this strip mall located?
The property is located at 1515 N Prince St Clovis, NM.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Five‑unit strip center with 3 tenants in place; Rehabilitation and physical improvements needed; North 7,763 sq ft portion also available at 1521 N Prince
More about this property
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