1516 Thornton St Clovis, NM 88101
This exceptional commercial property located at 1516 Thornton Street, Clovis, NM 88101, presents a unique investment opportunity. Built in 1960, this land and office building is priced at $299,900. The property features a well-appointed interior with seven individual offices, providing ample space for a variety of business needs. The layout includes a large conference room, perfect for client meetings and professional gatherings, and a spacious entry/reception area to welcome visitors. The building offers significant potential for expansion, catering to future growth. Parking is abundant, and a secure gated area at the rear of the building ensures safety and peace of mind. This property is situated in Curry County, New Mexico, offering convenient access to local amenities and transportation routes. The property's location at 34.4144411 latitude and -103.2146162 longitude provides easy access to the city of Clovis. This is an ideal opportunity for businesses seeking a well-maintained, functional office space with excellent parking and security features. The property is ready for immediate occupancy.
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
Similar Nearby for Sale
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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.