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2301 7Th St Clovis, NM 88101

OFF-MARKET Land Google Maps
2.15 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US61-1616151

Property summary

AI-generated overview

This exceptional 2.15-acre commercial lot, situated at 2301 E 7th Street in Clovis, New Mexico, presents a remarkable investment opportunity. Zoned for Commercial General use, this expansive property offers significant potential for a variety of development projects. Its generous size makes it ideally suited for larger-scale ventures, such as an apartment complex, while its strategic location on 7th Street ensures high visibility and accessibility. The asking price is $79,000, translating to a land value of $0.84 per square foot. All utilities are readily available, simplifying the development process and minimizing upfront infrastructure costs. This property is located in Curry County, New Mexico, with the zip code 88101. The coordinates are 34.404079 latitude and -103.175708 longitude. This is a rare opportunity to acquire a substantial commercial lot in a thriving New Mexico community, offering significant returns for the discerning investor. Don't miss this chance to secure a prime piece of Clovis real estate.

Property profile

Verified
Property type Land
Lot 2.15 ac (93,654 SF)
UPID US61-1616151

Cap rate & NOI

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

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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