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    409 Humphrey Rd Cannon Air Force Base, NM 88101

    Sponsored
    For Sale
    $77,000

    8.5 Acres, Prime Commercial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 8.501-acre land parcel presents a unique investment opportunity in Clovis, New Mexico. Situated in Curry County, just across the Clovis city limits on the east side of Humphrey Road at 409 Humphrey Road, zip code 88101, this property comprises two tracts (3-1 and 3-2) ideal for commercial development or residential use. The land's strategic location offers significant advantages, particularly given its proximity to existing infrastructure and future development plans. The property's adjacency to a one-acre parcel owned by EPCOR Water, earmarked for future water well development by the City of Clovis, ensures access to essential utilities. Note that an easement runs through Tract 3-2, providing access for EPCOR water services to this and other future well sites. While the property offers significant potential, prospective buyers should be aware of restrictive covenants requiring the acquisition of water and sewer services from the City of Clovis. The asking price for this remarkable property is $77,000. This presents a compelling opportunity for investors seeking a strategic land acquisition in a growing area. The property's size and location make it suitable for a variety of commercial ventures or residential projects. Detailed information regarding the easement and restrictive covenants is available upon request.

    Property Features for 409 Humphrey Rd

    General Information

    Property type
    Land
    Lot Size
    370,304 SF

    HighLights

    • $77,000 asking price.
    • 8.501 acres of land.
    • Located in Clovis, NM, Curry County, near Cannon Air Force Base.
    • Situated on Humphrey Road, east of Clovis city limits.
    • Suitable for commercial or residential development.
    • Requires obtaining water and sewer services from the City of Clovis due to restrictive covenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Clothing Store Gym & Fitness Auto Parts Store Auto Repair Shop Bar & Pub Hotel & Motel Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cannon Air Force Base
    County
    Curry
    State
    New Mexico
    Longitude
    -103.1607825
    Latitude
    34.4509966

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    FAQs

    What type of property is this?
    Land - 8.5 Acres, Prime Commercial Location
    Where is this land located?
    The property is located at 409 Humphrey Rd Cannon Air Force Base, NM.
    What is the asking price?
    The asking price for this property is $77,000.
    What are key features of this property?
    This property features: $77,000 asking price.; 8.501 acres of land.; Located in Clovis, NM, Curry County, near Cannon Air Force Base.
    Request Owner's contact information
    409 Humphrey Rd Cannon Air Force Base, 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
    409 Humphrey Rd Cannon Air Force Base, NM 88101
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