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Five-Unit Strip Center
For Sale
$575,000

1515 N Prince St, Clovis, NM 88101

Commercial Sale, Clovis, NM

Property SizeContact for details
Lot Size0.81 Acres
Days on Market120

Property Features for 1515 N Prince St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description CG
Interior features Overhead Door(s), Shipping Door(s)
Subdivision New Mexico Mls
Standard status Active
APN 121201101032200
Lot size 0.81 Acres

Taxes and HOA fees

Tax Description Fairmont Park Lots 7-10 plus the south 5.2' of Lot 11 Block 3
Tax Annual Amount 4456
Legal Description Fairmont Park Lots 7-10 plus the south 5.2' of Lot 11 Block 3

Utilities

Heating system Forced Air

Building Details

Year built 1976
Roof type Metal
Listing Agency: Town & Country Real Estate, Inc.
Listed By: Brett Johnson · License #9031
Added: May 7 Changed: Sep 2 Last Checked: Sep 3 at 4:06PM
MLS# 20262704

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.81-acre strip center at 1515 N Prince St. contains five units and currently has three tenants in place. Built in 1976, the property includes overhead and shipping doors, forced-air heating, and a metal roof. The improvements require work and are suited to a rehabilitation plan.

A separate 7,763-square-foot north portion at 1521 N Prince is also available. Acquiring both properties would provide the complete center, subject to the separate offering terms.

Key Highlights

  • 5‑unit strip center with 3 tenants in place
  • 0.81 acres at 1515 N Prince St, Clovis, NM 88101
  • Built in 1976 with metal roofing

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

783
Businesses Nearby
176k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Shops & Services 28% Groceries 24% Home Improvements & Furnishings 11%
Albertsons Groceries
42,988 visits/mo 0.3 miles
Hobby Lobby Shops & Services
26,648 visits/mo 0.4 miles
SONIC Drive In Dining
22,524 visits/mo 0.4 miles
Harbor Freight Tools Home Improvements & Furnishings
19,056 visits/mo 0.4 miles
Wienerschnitzel Dining
13,050 visits/mo 0.5 miles

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Three existing tenants support a multi-occupant commercial configuration on 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: 5‑unit strip center with 3 tenants in place; 0.81 acres at 1515 N Prince St, Clovis, NM 88101; Built in 1976 with metal roofing
More about this property
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