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Property profile & analytics
OFF-MARKET
Warehouses

120 1St St Clovis, NM 88101

Built 1920
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 120 E 1st Street in Clovis, New Mexico, presents a significant investment opportunity. The 11,494 square foot lot houses a substantial building constructed in 1920, offering versatile space ideal for a variety of commercial or warehouse uses. Its classification as both commercial and industrial land allows for flexible adaptation to suit diverse business needs. Situated in a high-traffic area of Curry County, this property benefits from excellent visibility and accessibility, making it an attractive location for businesses seeking a prominent presence. The asking price is $149,900. The property's age suggests potential for renovation or repurposing, allowing for customization to meet specific operational requirements. The substantial lot size provides ample space for expansion or additional development, further enhancing its investment potential. The property's location in Clovis, NM, zip code 88101, offers access to local amenities and infrastructure. This is a rare opportunity to acquire a large building in a prime location with significant potential for growth and return on investment. Further details are available upon request.

Property profile
Verified
Property type Warehouses
Year built 1920
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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