221 Prince St Clovis, NM 88101
This exceptional commercial land parcel, located at 221 N Prince Street in Clovis, New Mexico, presents a unique investment opportunity. The property, encompassing a significant area, is zoned for commercial use and offers considerable potential for development. The existing structure, built in 1939, presents a blank canvas for redevelopment or adaptive reuse, allowing for a variety of commercial ventures. Situated in Curry County, the property benefits from its convenient location within the city of Clovis, offering easy access to major transportation routes and a thriving local economy. The asking price of $235,000 represents a compelling entry point into the Clovis commercial real estate market. The property's classification as both land and retail highlights its versatility and suitability for a range of commercial uses, from retail spaces to office buildings or other commercial developments. Given its prime location and the potential for significant return on investment, this property is an attractive proposition for discerning investors seeking a foothold in a growing New Mexico market. The property's address is 221 N Prince Street, Clovis, NM 88101. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location.
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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.