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    1561 Us Hy 60-84 Clovis, NM 88101

    For Sale
    $112,000

    Clovis, NM: Prime US 60-84 Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 9.03-acre parcel presents a unique investment opportunity in Clovis, New Mexico. Strategically located on US Highway 60-84, this property enjoys high visibility and significant traffic flow. Its proximity to Cannon Air Force Base (just 1.3 miles east) and its position 2.6 miles from the Clovis city limits offer unparalleled accessibility and potential for diverse development. The absence of zoning restrictions unlocks a wide range of possibilities, from commercial ventures to residential projects. Imagine the potential for apartments, retail spaces, or other businesses capitalizing on the substantial traffic volume. Adding to its appeal, the property includes an existing well, reducing infrastructure costs and enhancing its overall value. This expansive land offers a blank canvas for creative development, promising substantial returns for the discerning investor. The address is 1561 US Hy 60-84, Clovis, NM 88101. The asking price is $112,000. This is a rare opportunity to acquire a large, versatile tract of land in a high-traffic area with significant potential for growth. Don't miss out on this exceptional investment opportunity.

    Property Features for 1561 Us Hy 60-84

    General Information

    Property type
    Land
    Lot Size
    393,347 SF

    HighLights

    • $112,000 asking price.
    • 9.03‑acre land parcel.
    • Located at 1561 US Hwy 60‑84, Clovis, NM 88101.
    • Unzoned, allowing for diverse commercial and residential uses.
    • High traffic count location, 1.3 miles east of Cannon AFB and 2.6 miles from Clovis city limits.
    • Existing well on site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clovis
    County
    Curry
    State
    New Mexico
    Longitude
    -103.2950597
    Latitude
    34.4044977

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    FAQs

    What type of property is this?
    Land - Clovis, NM: Prime US 60-84 Location
    Where is this land located?
    The property is located at 1561 Us Hy 60-84 Clovis, NM.
    What is the asking price?
    The asking price for this property is $112,000.
    What are key features of this property?
    This property features: $112,000 asking price.; 9.03-acre land parcel.; Located at 1561 US Hwy 60-84, Clovis, NM 88101.
    Request Owner's contact information
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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
    1561 Us Hy 60-84 Clovis, NM 88101
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