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305 Norris St Clovis, NM 88101

OFF-MARKET Land Google Maps
4.73 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 4.73-acre commercial lot, located at 305 N Norris Street in Clovis, New Mexico, presents a remarkable investment opportunity. Zoned for Commercial General use, this property boasts 200 feet of frontage and is ideally situated just four-tenths of a mile north of the intersection of US Highways 60, 70, and 84, ensuring high visibility and accessibility. The land offers significant potential for a variety of commercial ventures, from retail establishments to multi-family residential developments. All utilities are readily available, simplifying the development process. The asking price is $149,000, translating to a land value of $0.72 per square foot. This property's strategic location and versatile zoning make it an attractive proposition for discerning investors seeking a prime commercial site in a thriving New Mexico community. The property is located in Curry County, New Mexico, zip code 88101. Coordinates are 34.4008091 latitude and -103.178863 longitude.

Property profile

Verified
Property type Land
Lot 4.73 ac (206,039 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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