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    Gallup, NM
    Hospitality

    Gallup, NM Hospitality Properties for Sale

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    Mentmore, NM Ramah, NM Mcgaffey, NM
    Red Roof Inn
    Updated: Jan 28, 2025
    Red Roof Inn

    3304 West Highway 66, Gallup, NM 87301

    $5,350,000
    52,000 sqft
    103 units, 2 story, exterior corridor
    Located on I‑40 and 2 hours from Albuquerque
    2022 room revenue: $1,699,534
    2023 room revenue: $1,557,561
    TTM November 2024 Revenue: $1,478,611
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Gallup, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    19-Room Independent Motel
    19-Room Independent Motel

    801 W BROADWAY Avenue, Bloomfield, NM 87413

    $1,200,000
    6,860 sqft 0.56 AC lot

    Operating hospitality property with furnished guest rooms, onsite management housing, laundry facilities, office space, storage, and parking.

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    Turn-Key Hospitality and Restaurant
    Turn-Key Hospitality and Restaurant

    3658 Ice Caves Rd, Ramah, NM 87321

    $850,000
    4,998 sqft

    Commercial property with restaurant, owner suite, RV hookups, and outdoor amenities along Highway 53.

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    Bed & Breakfast Property with Restaurant
    Bed & Breakfast Property with Restaurant

    3658 Ice Caves Road, Ramah, NM 87321

    $850,000
    3.10 AC lot

    Commercially zoned hospitality property with lodging, dining, outdoor recreation, and on-site parking.

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    Riverfront RV Park Investment Opportunity
    Riverfront RV Park Investment Opportunity

    1129 Calle Del Rio, Bloomfield, NM 87413

    $750,000
    1.45 AC lot

    Scenic RV park with income potential along the San Juan River.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Recreation and Home Building Land
    Recreation and Home Building Land

    700 Timberlake Road, Ramah, NM 87321

    $117,000
    6.36 AC lot

    6.36-acre parcel in Timberlake Ranch with existing well, septic system, and RV hookups.

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    Off-Market Properties in Gallup, NM

    Consider similar Off-Market properties in Gallup, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1709 Historic Highway 66
    Motels

    1709 Historic Highway 66, Gallup, NM 87301-0000

    Estimated value:
    No data
    2.03 AC lot
    View details
    Duplicate
    Motels

    0 Duplicate, Gallup, NM 87301

    Estimated value:
    No data
    18,340 sqft 2.03 AC lot
    View details
    1903 Historic Highway 66
    Hotels

    1903 Historic Highway 66, Gallup, NM 87301-0000

    Estimated value:
    No data
    2.24 AC lot
    View details
    Duplicate
    Motels

    0 Duplicate, Gallup, NM 87301

    Estimated value:
    No data
    2.20 AC lot
    View details
    Duplicate
    Motels

    0 Duplicate, Gallup, NM 87301

    Estimated value:
    No data
    6,966 sqft
    View details

    Gallup, NM Hospitality Properties Market Trends and Statistics

    Explore 6 hospitality properties for sale in Gallup, NM on our real estate platform. These investment opportunities span a total of 52,000 square feet of properties for sale, with an estimated market value of $5,350,000.

    Sale prices for hospitality properties in Gallup, NM average $5,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

    Population 37K
    Population Growth (5Y) +6.9%
    Median Household Income $50,451
    College Educated 9.2%

    High-Yield Neighborhoods for Investment

    Identify Gallup submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87301 $5.4M

    Taxes & Financing

    Tax Rate (average for all types) 4.17%
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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