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    OFF-MARKET
    Distribution centers

    417 1St St, Clayton, NM 88415

    Built 2010
    Property ID
    US61-1322231
    Property summary
    AI-generated overview

    This exceptional commercial warehouse property, located at 417 N 1st Street in Clayton, New Mexico, presents a compelling investment opportunity. Built in 2010, the property sits on a substantial 40,946.4 square foot lot and features a 9,014 square foot building, previously occupied by a Dollar General store. The building boasts a spacious 7,700 square foot sales area with a 10-foot dropped ceiling, ideal for a variety of commercial uses. Additional space includes a 1,200+ square foot stockroom or storage area, providing ample room for inventory or equipment. The property benefits from a robust 400+ amp electrical service, ensuring sufficient power for most commercial operations. The open floor plan offers flexibility for customization and adaptation to suit diverse business needs. This non-residential commercial zoned property enjoys a highly visible location at the intersection of Highway 64 and State Road 370 in North Clayton, ensuring excellent exposure and accessibility. The asking price for this well-situated and versatile warehouse is $575,000. This presents a rare chance to acquire a substantial commercial property in a desirable location with significant potential for growth and return on investment. The property's size, location, and existing infrastructure make it an attractive option for a wide range of commercial enterprises.

    Property profile
    Verified
    Property type Distribution centers
    Year built 2010
    UPID US61-1322231
    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
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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