1521 Prince St, Clovis, NM 88101
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.
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R and R flats service Hardware & Home Improvement General Contractor
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.