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    OFF-MARKET
    Commercial real estate

    1521 Prince St, Clovis, NM 88101

    Built 1976
    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 Commercial real estate
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • R and R flats service Hardware & Home Improvement General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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