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    OFF-MARKET
    Commercial real estate

    701 Sheldon St, Clovis, NM 88101

    Built 1917
    Property ID
    US61-0416187
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a charming two-unit property located at 701 Sheldon Street in Clovis, New Mexico, zip code 88101. Situated on a substantial 26,136 square foot lot, this special purpose property offers significant potential for a savvy investor. Built in 1917, the property comprises two separate residential units. The front unit boasts three bedrooms and one bathroom, while the rear unit features two bedrooms and one bathroom. The asking price is $59,900. This property presents a unique chance to capitalize on the growing real estate market in Clovis. With some renovation and creative vision, this property could be transformed into a highly profitable rental investment or a unique multi-family residence. The substantial lot size also allows for future expansion or development possibilities. The property's location in Curry County offers easy access to local amenities and services. This is a rare opportunity to acquire a well-located, multi-unit property at an attractive price point. Don't miss out on this chance to add a valuable asset to your portfolio. The property is ready for a new owner to bring their vision to life and unlock its full potential.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1917
    UPID US61-0416187
    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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