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    Property profile & analytics

    417 1St St Clayton, NM 88415

    • Distribution centers
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US61-1322231
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Distribution centers

    Property Details for 417 1St St

    Year built
    2010
    Property type
    Distribution centers

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clayton
    County
    Union
    State
    New Mexico
    Longitude
    -103.1862251
    Latitude
    36.4562168
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    417 1St St
    Clayton, NM 88415
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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