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0 Prince St & Llano Estacado Blvd Clovis, NM 88101

OFF-MARKET Land Google Maps
1.72 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional commercial land parcel presents a unique investment opportunity in Clovis, New Mexico. Situated on the northwest quadrant of the intersection of Prince Street and Llano Estacado Boulevard, this property boasts a highly visible location at the busiest intersection in the city. The lot size ranges from 1.72 to 4.66 acres, offering flexibility for various development projects. This prime location benefits from its proximity to a Walmart Supercenter, which, according to Placer.ai, receives 2.6 million annual visitors and ranks in the top 25% nationwide. The property is also adjacent to the recently opened Texas Roadhouse restaurant, further enhancing its desirability. Clovis serves as a regional hub, drawing customers from surrounding communities including Portales, Tucumcari, Farewell, and Muleshoe, creating a dense trade area. The presence of Cannon Air Force Base contributes to the area's economic stability and strong community spirit. The property is zoned for Commercial General use, allowing for a wide range of development possibilities. This is an exceptional opportunity to capitalize on the high traffic count and strong regional draw of this thriving New Mexico location. The property is located in Curry County, New Mexico, with a zip code of 88101.

Property profile

Verified
Property type Land
Lot 1.72 ac (74,923 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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