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1521 Prince St Clovis, NM 88101

Retail properties & Spaces Google Maps
Built 1976
Estimated value
No estimation on file for this property yet.
Property ID US61-0495684

Property summary

AI-generated overview

This exceptional commercial property, located at 1521 N Prince Street in Clovis, New Mexico, presents a lucrative investment opportunity. The property, built in 1976, sits on a substantial 14,672 square foot lot and offers a 7,560 square foot building ideal for a variety of retail uses. Previously operating as a motorsports store, the building boasts a well-designed layout including five offices, a spacious 2,400 square foot shop area, a dedicated parts counter, a service counter, and four bathrooms. The property benefits from ample parking, catering to the high volume of traffic in the area, with a daily traffic count exceeding 15,000 vehicles. The asking price for this prime retail location is $485,000. Alternatively, the property is available for lease at a monthly rate of $4,400. This property's strategic location and substantial size make it an attractive option for businesses seeking a high-visibility presence in a bustling Clovis, NM commercial district. The property is zoned for commercial use and is ready for immediate occupancy. This is a rare opportunity to acquire a well-established retail space in a thriving market. Don't miss out on this chance to own or lease a piece of Clovis's commercial landscape.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1976
UPID US61-0495684

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement General Contractor

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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