1561 Us Hy 60-84 Clovis, NM 88101
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.