Clovis, New Mexico Commercial Real Estate 1 Listing

Clovis, New Mexico: A Premier Destination for Commercial Real Estate

Introduction

Clovis, New Mexico offers a dynamic landscape for commercial real estate (CRE) investors and professionals. As a small but robust city, Clovis is strategically positioned within Curry County and boasts a diverse economy driven by agriculture, military, and logistics. The presence of Cannon Air Force Base and its proximity to major transportation networks enhance its appeal as a commercial real estate hub. This page explores the unique opportunities and strategic advantages for CRE in Clovis.

Economic and Industry Overview

Clovis's economy thrives on a mix of agriculture, military, and logistics industries. The dairy industry is a significant contributor, with numerous processing facilities requiring industrial and warehouse spaces. Cannon Air Force Base plays a crucial role in driving demand for commercial and residential properties, influencing retail and service sector growth. The Clovis Industrial Development Corporation actively supports regional economic development through various initiatives, making Clovis an attractive destination for CRE investments.

Strategic Location and Transportation Infrastructure

Clovis is strategically located with access to major transportation arteries, including U.S. Highways 60, 70, and 84, facilitating efficient distribution and logistics operations. The BNSF Railway provides essential rail freight services, while Clovis Municipal Airport offers regional connectivity. The city's location near the Texas border enhances its logistical advantages, providing access to larger labor pools and proximity to coastal markets via Texas ports.

Commercial Real Estate Inventory & Zoning

Clovis features distinct CRE submarkets, including its central business district and industrial corridors. Key asset classes include industrial, retail, and office spaces, with opportunities for medical and multifamily developments. The city has implemented zoning overlays and incentives to attract developers, which can be reviewed on the City of Clovis's zoning maps.

Major Employers and Institutions

Cannon Air Force Base is the largest employer in the region, significantly impacting CRE demand. Other major employers include the Clovis Municipal Schools, Plains Regional Medical Center, and Southwest Cheese. These institutions drive demand for office and retail spaces. For a comprehensive list of employers, visit the Clovis Economic Development website.

Notable Commercial Developments & Projects

Clovis is home to several large-scale development projects, including mixed-use and industrial developments. The city benefits from Opportunity Zones, fostering public-private partnerships and investment opportunities. For detailed planning information and site maps, refer to the Clovis Planning Department.

Building Permits, Planning, and Development Tools

For developers and investors, Clovis provides a suite of planning and development tools:

Market Data & Economic Reports

Clovis's economic landscape is supported by various public data sets, including those from census.gov and the city's open data portal. Brevitas leverages AI-powered aggregation from public data and internal insights, offering comprehensive market analysis. Explore our Brevitas-powered dashboards for Clovis to access real-time data and trends.