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    OFF-MARKET
    Specialty properties

    1221 Prince St, Clovis, NM 88101

    Built 1993
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1993
    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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    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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