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2905 N Prince St
Clovis, NM 88101
2905 N Prince St #D · Retail Property For Sale

Executive Summary

Positioned along North Prince Street, one of Clovis’ primary commercial corridors, this ±1600 SF investment property offers an 8% cap rate with stable in-place income from an existing tenant paying $4,000 per month plus NNN through August 31, 2029. The property benefits from excellent frontage near North Prince Street and East Manana Boulevard with approximately 17,939 vehicles per day and is located within two miles of NM Highway 60, a key regional connector serving eastern New Mexico’s agricultural and logistics economy anchored by Cannon Air Force Base and the broader Clovis trade area. Situated on ±0.11 acres zoned CG – Commercial General, the building features water, sewer, and electricity, ingress/egress from the west property line, and approximately 10 parking spaces, with interior improvements including a reception area, open retail space, manager’s office, inventory room, and two restrooms, all supported by a 5-mile population of 38,018, average household income of $70,020, and 16,487 daytime employees.
Highlights:
-8% Cap Rate Investment Opportunity
-$4,000/Month + NNN Lease in Place Through 8/31/2029
-Prime Frontage on North Prince Street – Major Commercial Corridor
-Proximity to Cannon Air Force Base & Clovis Retail Corridor
-Near North Prince St & East Manana Blvd | ±17,939 Vehicles Per Day
-Within 2 Miles of NM Highway 60 – Regional East/West Connector
-±4,000 SF Retail / Commercial Building (Buyer to Verify)
-0.11 Acres | Zoned CG – Commercial General
Strong Trade Area Demographics:
-38,018 Population | 5-Mile Radius
-$70,020 Average Household Income
-16,487 Daytime Employees
-Water, Sewer & Electricity Piped In
-Ingress/Egress from West Property Line
-10 On-Site Parking Spaces
-Functional Interior Layout:
-Reception Area
-Open Retail / Showroom Space
-Manager’s Office
-Inventory / Storage Room
-Two Restrooms
-Ideal for Investors Seeking Stable Income in Eastern New Mexico Market

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
1,600 SF
Building Class
C
Year Built
1981
Price
$600,000
Price Per SF
$375
Cap Rate
8%
NOI
$48,000
Tenancy
Single
Building Height
1 Story
Zoning
CG - Commercial General

Amenities

  • 24 Hour Access
  • Signage
  • Tenant Controlled HVAC

Property Taxes

Property Taxes

Parcel Number
121201203130700
Land Assessment
$7,392
Improvements Assessment
$24,109
Total Assessment
$31,501
  • Listing ID: 39936487

  • Date on Market: 3/27/2026

  • Last Updated:

  • Address: 2905 N Prince St, Clovis, NM 88101

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