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Property profile & analytics
OFF-MARKET
Office Spaces

1600 Grand Ave Clovis, NM 88101

Built 1986
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 1600 W Grand Avenue in Clovis, New Mexico, presents a unique investment opportunity. Priced at $118,800, this offering encompasses a 4,382 square foot lot and includes a building constructed in 1986. The property's versatile nature makes it suitable for a variety of commercial uses. Imagine establishing a small independent car lot with capacity for approximately 35 vehicles, a landscaping business, or a small construction company. The high-traffic location on US Highway 60/84 ensures excellent visibility and exposure, maximizing potential for success. A significant advantage is the inclusion of a second lot situated east of the main building, at 1520 W Grand Avenue, adding considerable value to this already attractive offering. This property is situated in Curry County, New Mexico, zip code 88101, and is eligible for owner/seller financing, making it an even more accessible investment. Don't miss this chance to acquire a prime commercial property in a thriving location. The possibilities are truly limitless.

Property profile
Verified
Property type Office Spaces
Year built 1986
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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