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    Property profile & analytics

    11 Main St Clayton, NM 88415

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-1322395
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 11 Main St

    Year built
    1950
    Property type
    Commercial real estate

    Description

    This exceptional commercial property, situated at 11 Main Street in Clayton, New Mexico, presents a unique investment opportunity. The 1,748 square foot lot features a building constructed in 1950, offering 1216 square feet of usable space on the main floor. Its prime location on Main Street, adjacent to the historic Hotel Eklund, ensures high visibility and foot traffic. The building boasts excellent natural lighting, a bathroom, ample attic space, and a basement for convenient storage. Modern conveniences include central heating and air conditioning. The property also includes display cases, which will remain with the sale, and features metal ceiling tiles, adding to its historic character. Convenient street parking is available, supplemented by a public parking lot at the rear, ensuring easy access for customers and employees. This property is ideally suited for a variety of businesses and represents a compelling investment at an asking price of $75,000. The property's zip code is 88415, and it is located in Union County.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Union
    State
    New Mexico
    Longitude
    -103.185045
    Latitude
    36.451667
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    11 Main St
    Clayton, NM 88415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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