711 W Seventh Street

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711 W Seventh Street

Clovis, NM 88101
Asking Price
$100K
Asset Type
Traditional Office Mixed-use
Class
Class B

AI Property Summary

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

  • Available for purchase at an asking price of 100000 dollars
  • Total building footprint measures 1584 square feet of space
  • Versatile mixed-use property with a traditional office layout
  • Located centrally within the city of Clovis, New Mexico
  • Suitable for small business owners or commercial real estate investors

What's Special

This mixed-use property at 711 W Seventh Street in Clovis, New Mexico, is currently available for sale. Spanning 1,584 square feet, the building features a traditional office sub-type layout suitable for business owners seeking a functional workspace or investors looking to expand their local portfolio. Its versatile design allows for various professional configurations, catering to the needs of small enterprises or service providers in the area. Clovis functions as a regional hub for the agricultural and commercial sectors in eastern New Mexico, providing a steady economic backdrop for commercial real estate activity. Situated in a central corridor, the site offers straightforward access to local amenities and regional transportation routes, enhancing its utility for daily operations. This asset provides a practical acquisition for those focusing on office or mixed-use projects within a stable suburban market. The property remains well-positioned to serve local businesses requiring a footprint in this part of the state.

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NOI
$80,000
Cap Rate
80.00%
DSCR
13.47
Strong
Cash-on-Cash
246.88%
Monthly Payment
$494.745
Annual Cash Flow
$74,063.055

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