3600 Sheridan St Clovis, NM 88101
This exceptional investment opportunity presents a unique 1-unit special purpose property located at 3600 Sheridan, Clovis, NM 88101. Built in 1963, this well-maintained brick building features a durable metal roof. The asking price is $99,975. Situated in Curry County, New Mexico, this property boasts a convenient location within the city of Clovis. The property's zoning is Residential Multi-Family, although it is currently configured and utilized as a church. This versatile building offers significant potential for a variety of uses, given its existing structure and zoning classification. The property's address is easily accessible and visible from the street. The building's solid construction and well-maintained exterior suggest a history of responsible upkeep. This presents a rare chance to acquire a well-established property in a desirable location, ideal for those seeking a unique investment or a ready-to-use facility. The property's existing configuration as a church provides a solid foundation for continued use in that capacity or for adaptive reuse. Further investigation into potential uses is encouraged. This is a turnkey opportunity for an immediate return on investment. The property is ready for its next chapter.
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
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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.