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Property profile & analytics
OFF-MARKET
Commercial real estate

1516 Thornton St Clovis, NM 88101

Built 1960
Property ID
US61-0507194
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1960
UPID US61-0507194
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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