1400 15Th St, Clovis, NM 88101
This exceptional special purpose property, located at 1400 15th Street in Clovis, New Mexico, presents a compelling investment opportunity. The property, built in 1989, boasts a generous lot size of 7,488 square feet, offering ample space and potential for future development or expansion. The building comprises two units, providing flexibility for various uses. The asking price is $265,000. Situated in Curry County, with a zip code of 88101, this property benefits from its convenient location within the city of Clovis. The property's precise configuration and current usage are not specified, allowing for a wide range of potential applications based on the buyer's needs and vision. Given its size and location, this property is well-suited for investors seeking a versatile asset in a growing New Mexico market. The property's age suggests potential for renovation or modernization, further enhancing its value and appeal. Serious inquiries are encouraged to explore the full potential of this unique investment opportunity. Further details regarding the property's specific features and zoning regulations are available upon request.
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
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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.