2601-2620 Marvin Hass Bl

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2601-2620 Marvin Hass Bl

Clovis, NM 88101
Asking Price
$1.40M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning approximately 7.09 acres total
  • Strategically situated within the Clovis, New Mexico market area
  • Offered for sale at an asking price of 1,400,000 dollars
  • Suitable for a range of commercial or business development uses
  • Property features accessible frontage along Marvin Hass Boulevard

What's Special

Clovis serves as a central commercial hub for eastern New Mexico, supported by a stable regional economy and proximity to key transit corridors. This 7.09-acre commercial land parcel at 2601-2620 Marvin Hass Bl benefits from the region's steady growth and consistent demand for accessible development sites. The scale and positioning of this property make it a functional choice for diverse investment strategies or ground-up construction projects. Investors and developers can evaluate this site for a variety of potential commercial applications, ranging from retail developments to service-oriented business facilities. The expansive acreage provides flexibility for site planning in a market that prioritizes strategic access and functional utility. This land presents a clear opportunity for parties looking to establish a footprint within the Clovis submarket.

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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