1600 Grand Ave Clovis, NM 88101
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.
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.