1520 Pile St Clovis, NM 88101
This exceptional commercial property at 1520 N Pile Street in Clovis, New Mexico, presents a unique investment opportunity. The 1,486 square foot building, constructed in 1957, sits on a sizable 4,517 square foot lot and is zoned for Commercial General use. The single-story structure boasts a convenient drive-up window, ideal for retail or service-based businesses. Inside, the layout includes three to four offices, providing ample space for various business needs. On-site parking is available for added convenience. The property benefits from excellent visibility, situated directly across from Marshall Junior High School, ensuring high traffic and exposure. This Class B building offers a blend of functionality and potential, making it suitable for a range of commercial uses. The asking price is $120,000, representing a compelling entry point into the Clovis commercial real estate market. The property is currently under Dow ownership. This is a rare opportunity to acquire a well-located commercial property with significant upside potential. Don't miss out on this chance to establish your business in a thriving community.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.