Property profile

1379 State Rd Clovis, NM 88101

OFF-MARKET
Land
5 ac lot
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Property summary

AI-generated overview

This exceptional 5-acre commercial land parcel is situated at 1379 State Road 209 in Clovis, New Mexico, within Curry County, zip code 88101. Priced at $225,000, this property presents a unique opportunity for entrepreneurs and investors alike. The land boasts a convenient location approximately three-quarters of a mile north of the city limits, offering the advantage of rural zoning. The surface is composed of caliche, providing an all-weather, durable base. Water access is facilitated by a domestic well on the property. Given its size and location, this property is particularly well-suited for a variety of commercial ventures, including but not limited to trucking companies or other businesses requiring ample space and convenient access to major roadways. The absence of city zoning regulations provides flexibility for development plans. This is a rare opportunity to acquire a substantial commercial land parcel in a desirable location with excellent potential for future growth and development. Serious inquiries are encouraged to explore the possibilities this property offers.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

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

Location

1379 State Rd Clovis, NM 88101
Clovis metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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