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    OFF-MARKET
    Land

    305 Norris St, Clovis, NM 88101

    4.73 ac lot
    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
    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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