5100 Mabry Dr, Clovis, NM 88101
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.