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    OFF-MARKET
    Commercial real estate

    1516 Lexington Rd, Clovis, NM 88101

    Property ID
    US61-0493991
    Property summary
    AI-generated overview

    This exceptional 10,560 square foot lot, located at 1516 Lexington Road in Clovis, New Mexico, presents a fantastic opportunity for building a new home. Situated in a desirable neighborhood known for its well-maintained homes, this property offers convenient access to a variety of amenities. The lot is conveniently located near a shopping mall, diverse restaurants, and a movie theater, ensuring a lifestyle of comfort and convenience. The address is 1516 Lexington Road, Clovis, NM 88101, within Curry County. The asking price for this prime piece of land is $35,000. The property is classified as vacant land and offers significant potential for residential development. Its size provides ample space for a substantial home and landscaping. Given its location and size, this lot represents an excellent investment opportunity for those seeking to build in a thriving community with easy access to shopping, dining, and entertainment. The property's coordinates are 34.425189 latitude and -103.188523 longitude. Don't miss this chance to build your dream home in a sought-after Clovis neighborhood.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US61-0493991
    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
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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