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    OFF-MARKET
    Commercial real estate

    5100 Mabry Dr, Clovis, NM 88101

    17.06 ac lot
    Property ID
    US61-0479281
    Property summary
    AI-generated overview

    This exceptional 17.06-acre commercial land parcel in Clovis, New Mexico, presents a remarkable investment opportunity. Strategically situated along Highways 60, 70, and 84, a major artery through the city, this property boasts unparalleled visibility and accessibility. The high volume of daily traffic ensures significant exposure for any commercial venture. Zoned for Commercial General use, the land is ideally suited for a diverse range of businesses, including retail stores, restaurants, service stations, office buildings, or even a distribution center. Pre-existing environmental and traffic studies have been completed, streamlining the development process. Its convenient location near various amenities further enhances its appeal. The property's accessibility from multiple routes benefits both local residents and travelers. Furthermore, the land is divisible, offering flexibility to accommodate various development plans. The asking price is $585,000. The seller is offering a $10,000 contribution towards a well for the first buyer of an agreed-upon acreage (or all acreage) and will pay closing costs. This is an outstanding opportunity to establish a thriving commercial presence in one of Clovis's most accessible and traveled areas. Serious offers will be considered for all or a portion of the property. The property is located at 5100 Mabry Drive, Clovis, NM 88101.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 17.06 ac (743,134 SF)
    UPID US61-0479281
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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