301 Norris St Clovis, NM 88101
This exceptional 5.69-acre commercial lot, located at 301 N Norris Street in Clovis, New Mexico, presents a significant investment opportunity. Zoned Commercial General, this expansive property offers unparalleled potential for a wide range of commercial ventures. Its strategic location, just three-tenths of a mile north of the intersection of US Highways 60, 70, and 84, ensures high visibility and accessibility. The asking price is $159,000, translating to a land value of $0.64 per square foot. All utilities are readily available, simplifying development plans. The seller is open to build-to-suit options, offering flexibility for prospective buyers. This property is situated in Curry County, New Mexico, with a zip code of 88101, and its coordinates are 34.4007661 latitude and -103.1788624 longitude. The significant lot size and prime location make this an ideal site for a variety of commercial developments, including but not limited to retail spaces, offices, or even multi-family residential buildings. Don't miss this chance to acquire a highly desirable commercial property in a thriving New Mexico community.
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.
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.