602 Calhoun St Clovis, NM 88101
This exceptional commercial property, located at 602 Calhoun Street in Clovis, New Mexico, presents a unique investment opportunity. The property, built in 1926, encompasses a substantial 9,170 square feet of land and offers a versatile blend of office space and ample outdoor potential. The asking price is $50,000. The existing building features a full kitchen, multiple office spaces, and extensive storage, providing immediate functionality for a variety of businesses. The property's layout allows for creative adaptation and customization to suit individual needs. A second lot included in the sale significantly expands the possibilities for outdoor use, whether for expansion, parking, or other operational requirements. The property's address is 602 Calhoun Street, Clovis, NM 88101, situated in Curry County. Its central location within Clovis offers excellent accessibility and visibility. This property is ready for immediate occupancy and presents a rare chance to acquire a well-situated commercial property with significant development potential at an attractive price point. The property's size and features make it suitable for a wide range of commercial ventures. Serious inquiries are encouraged to explore this promising investment opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.