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    Prince St & Wilhite Rd Clovis, NM 88101

    For Sale
    $3,600,000

    14.79 Acres, Mixed-Use Zoning, $3.6M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 14.79-acre commercial land parcel presents a unique investment opportunity in the thriving city of Clovis, New Mexico. Located at the intersection of N. Prince St and Wilhite Rd, this property boasts a prime location within the burgeoning North Prince Street commercial corridor, benefiting from high visibility and accessibility. The site is situated in a trade area encompassing nearly 130,000 people, ensuring a robust potential customer base for any development. Zoned MD (Mixed Development), this versatile land allows for a wide range of commercial uses, providing flexibility for future projects. The property's strategic placement at a signalized intersection further enhances its appeal, ensuring optimal traffic flow and exposure. The expansive lot size offers ample space for a variety of development scenarios, including the possibility of dividing the land into smaller parcels for individual businesses. This is an exceptional chance to acquire a significant piece of land in a rapidly growing area with substantial development potential. The asking price for this remarkable property is $3,600,000. Don't miss this opportunity to secure a prominent position in Clovis's dynamic commercial landscape. The property is located in Curry County, New Mexico, with a zip code of 88101. The coordinates are 34.4483121 latitude and -103.1964159 longitude.

    Property Features for 0 Prince St & Wilhite Rd

    General Information

    Property type
    Land
    Lot Size
    644,252 SF

    HighLights

    • 14.79‑acre commercial land parcel in Clovis, NM.
    • Prime location at N. Prince St and Wilhite Rd, within the North Prince Street commercial corridor.
    • High visibility and accessibility, serving a trade area of nearly 130,000 people.
    • Mixed‑use (MD) zoning allows for diverse commercial development.
    • Signalized intersection ensures optimal traffic flow and exposure.
    • Divisible lot suitable for multiple businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Clovis
    County
    Curry
    State
    New Mexico
    Longitude
    -103.1964159
    Latitude
    34.4483121

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    FAQs

    What type of property is this?
    Land - 14.79 Acres, Mixed-Use Zoning, $3.6M
    Where is this land located?
    The property is located at Prince St & Wilhite Rd Clovis, NM.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: 14.79-acre commercial land parcel in Clovis, NM.; Prime location at N. Prince St and Wilhite Rd, within the North Prince Street commercial corridor.; High visibility and accessibility, serving a trade area of nearly 130,000 people.
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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
    Prince St & Wilhite Rd Clovis, NM 88101
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