312 Ash St, Clovis, NM 88101
This Clovis, New Mexico property, located at 312 Ash, offers a unique investment opportunity. The 11,760 square foot lot features a main shop building of approximately 25' x 40', boasting 12-foot high ceilings, cement flooring, and two garage doors on the east and west ends. Additionally, there's an approximately 8' x 12' closet. A substantial L-shaped garage structure (36' x 81', 2340 sq ft) offers four bay doors, a loft for extra storage, full cement flooring, electricity, and lights, with 16'1" high ceilings. A second garage structure (16' x 65', 1040 sq ft) facing south includes one east-facing garage door and two large sliding wood doors on the south side. This structure features a slanted metal roof, cinder block walls, and wood rafters, with a cement floor. The property is zoned for commercial/residential use and includes a new TPO roof. The total building size is 4,492 square feet, priced at $36.73 per square foot, with an asking price of $165,000. Built in 1952, this property presents a blend of established infrastructure and potential for diverse commercial or manufacturing applications. The lot dimensions are 84' x 140'.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.