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    1221 Prince St Clovis, NM 88101

    For Sale
    $380,000

    High-traffic corner lot, endless potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property, located at 1221 N Prince Street in Clovis, New Mexico, presents a unique investment opportunity. Built in 1993, the 7,000 square foot lot boasts a prime corner location in a high-traffic area, offering unparalleled visibility and accessibility. The building itself is a special purpose property, currently vacant, and features a large overhead door providing convenient access from both the street and an adjacent alley. Inside, the property includes central air conditioning and heating, a functional kitchen area, and a single restroom. While currently vacant, the property's versatility allows for a wide range of potential uses. Note that the windows are currently boarded up due to the vacancy. The asking price for this property is $380,000. The property's location in Curry County, New Mexico, zip code 88101, offers easy access to major transportation routes and a thriving local community. This is an ideal opportunity for an investor seeking a versatile commercial space with significant potential for growth and development. The property's size and location make it suitable for a variety of commercial ventures. Serious inquiries are encouraged.

    Property Features for 1221 Prince St

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1993

    HighLights

    • 7,000 SF lot in prime corner location at 1221 N Prince Street, Clovis, NM.
    • 1993‑built, vacant special‑purpose building with large overhead door and alley access.
    • Features central HVAC, kitchen, and one restroom; windows boarded.
    • Asking price: $380,000.
    • Located in high‑traffic area of Curry County, NM (zip code 88101), offering excellent visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Curry
    State
    New Mexico
    Longitude
    -103.1961126
    Latitude
    34.4108059

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    FAQs

    What type of property is this?
    Specialty property - High-traffic corner lot, endless potential.
    Where is this specialty property located?
    The property is located at 1221 Prince St Clovis, NM.
    What is the asking price?
    The asking price for this property is $380,000.
    What are key features of this property?
    This property features: 7,000 SF lot in prime corner location at 1221 N Prince Street, Clovis, NM.; 1993-built, vacant special-purpose building with large overhead door and alley access.; Features central HVAC, kitchen, and one restroom; windows boarded.
    Request Owner's contact information
    1221 Prince St Clovis, NM 88101
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    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
    1221 Prince St Clovis, NM 88101
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