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Property profile & analytics
FOR SALE
Commercial real estate

2417 N Prince St Clovis, NM 88101

Built 1977
Entity Owned 3-yr Hold
Property ID
US61-0389829
No photos on file
For Sale
$1,150,000
2417 N Prince St, Clovis, NM 88101
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Property summary
AI-generated overview

This turnkey restaurant opportunity is located at 2417 N Prince Street in Clovis, New Mexico, on one of the city's busiest streets. Boasting a total of 106 seats, the restaurant offers ample indoor seating for 60 guests and comfortable outdoor seating for an additional 46. A convenient drive-up window caters to customers on the go. The property features a generous 23,100 square foot lot, providing ample parking for patrons. The building, constructed in 1977, has undergone a recent comprehensive remodel, encompassing new plumbing, electrical systems, HVAC, roofing, and kitchen equipment. This ensures a smooth transition for the new owner, minimizing upfront capital expenditures. The property benefits from high traffic volume, with a 2022 traffic count of 19,378 vehicles per day (VPD). The asking price for this exceptional restaurant is $1,150,000. This represents a unique chance to acquire an established and well-equipped restaurant in a prime location with significant growth potential. The recent relocation of a competing barbeque restaurant further enhances the opportunity for increased market share.

Property profile
Verified
Property type Commercial real estate
Year built 1977
UPID US61-0389829
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
  • Wing Boss Restaurant
  • Dickey's Barbecue Pit Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Wmr LLC · 3 yrs held
Wmr LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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