1221 Prince St, Clovis, NM 88101
This exceptional commercial property, located at 1221 N Prince Street in Clovis, New Mexico, presents a unique investment opportunity. Built in 1993, the 7,000 square foot lot boasts a prime corner location in a high-traffic area, offering unparalleled visibility and accessibility. The building itself is a special purpose property, currently vacant, and features a large overhead door providing convenient access from both the street and an adjacent alley. Inside, the property includes central air conditioning and heating, a functional kitchen area, and a single restroom. While currently vacant, the property's versatility allows for a wide range of potential uses. Note that the windows are currently boarded up due to the vacancy. The asking price for this property is $380,000. The property's location in Curry County, New Mexico, zip code 88101, offers easy access to major transportation routes and a thriving local community. This is an ideal opportunity for an investor seeking a versatile commercial space with significant potential for growth and development. The property's size and location make it suitable for a variety of commercial ventures. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.