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Property profile & analytics
OFF-MARKET
Commercial real estate

401 Norris St Clovis, NM 88101

4.73 ac lot
Property ID
US61-0483712
Property summary
AI-generated overview

This exceptional 4.734-acre commercial lot presents a remarkable investment opportunity in Clovis, New Mexico. Strategically located on Norris Street, just 0.4 miles north of the intersection of US Highways 60, 70, and 84, this property boasts unparalleled visibility and accessibility. The expansive lot offers 200 feet of frontage, providing ample space for a wide range of commercial developments. Its zoning designation allows for diverse uses, making it ideal for businesses seeking a prominent location or developers considering apartment complexes. All essential utilities are readily available, simplifying the development process. The asking price for this highly desirable property is $149,000. Situated in Curry County, New Mexico, with the address 401 N Norris Street, Clovis, NM 88101 (latitude 34.402396, longitude -103.177078), this lot represents a rare chance to acquire a significant piece of commercial real estate in a thriving New Mexico community. The property's size and location make it an attractive prospect for both established businesses and ambitious entrepreneurs. Don't miss this opportunity to secure a prime piece of commercial land in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 4.73 ac (206,213 SF)
UPID US61-0483712
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
  • Xcel energy Electric Utility Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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