Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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