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    Albuquerque, NM Santa Fe, NM Las Cruces, NM Rio Rancho, NM Farmington, NM Santa Teresa, NM Taos, NM Belen, NM
    19 properties
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    Santa Fe Redevelopment Opportunity
    Updated: Dec 8, 2025
    Santa Fe Redevelopment Opportunity

    1625 Paseo de Peralta, Santa Fe, NM 87501

    $8,200,000
    30,760 sqft 2.90 AC lot
    Prime 2.9‑acre infill parcel adjacent to the Santa Fe Railyard.
    Highly permissive Business Capital District (BCD) zoning allows for diverse redevelopment options.
    Extensive entitlements reduce planning risk and development timelines.
    Existing ±30,760 sf building offers uncommon flexibility for redevelopment.
    Transit‑Oriented Development potential with walkability to transit and proximity to amenities.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1625 Paseo de Peralta, Santa Fe, NM 87501

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $426K
      Annual

    • Mortgage

      $1.9M
      Dec 2020
    View Property Analytics
    Historic Hotel with Restaurant and Spa
    Updated: Jul 17
    Historic Hotel with Restaurant and Spa

    200 South 1st Street, Raton, NM 87740

    $3,500,000
    Historic Palace Hotel built in 1896, offering 13,440 SF in downtown Raton’s historic and art district
    Stakeout Restaurant includes fully equipped kitchen, 240+ seating capacity, 2 fireplaces, pool room, performance stage, and 6 restrooms
    Stakeout Restaurant and bar reported steady business through 2023 (as stated in public remarks)
    Property includes 2 adjoining apartments (in the Haven) plus an unfinished third‑floor area
    Haven Hotel adjoins the Palace and includes additional retail space with a currently operating art gallery
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    Two-Story Economy Hotel with Pool
    Two-Story Economy Hotel with Pool

    1408 Main Street, Lordsburg, NM 88045

    $975,000
    31,624 sqft 2.28 AC lot

    40-room economy hotel with pool and business center, renovated in 2023 and positioned on Interstate 10.

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    Former Red Lion Redevelopment Opportunity
    Former Red Lion Redevelopment Opportunity

    1501 E Santa Fe Ave, Grants, NM 87020

    $2,500,000
    183,757 sqft

    Value-add opportunity in Grants, New Mexico off I-40.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Boutique Inn and Hospitality Retreat
    Boutique Inn and Hospitality Retreat

    153 SAN PEDRO DR, Alamogordo, NM 88310

    $975,000
    5,528 sqft 5.01 AC lot

    Operating Southwestern-style inn with dining, commercial kitchen, indoor pool, and equestrian facilities on expansive grounds.

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    Economy Hotel with Indoor Pool
    Economy Hotel with Indoor Pool

    1426 West Motel Drive, Lordsburg, NM 88045

    $1,950,000
    29,952 sqft 3.00 AC lot

    56-room two-story hotel with interior corridors, surface parking, and an indoor pool along Interstate 10.

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    Tucumcari Hospitality Opportunity on Route 66
    Tucumcari Hospitality Opportunity on Route 66

    1302 West Route 66 Blvd, Tucumcari, NM 88401

    $1,750,000
    15,785 sqft

    15,785 SF commercial property ideal for hospitality venture.

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    Ranchos de Taos Rental Property
    Ranchos de Taos Rental Property

    29 Sebastian Rd, Ranchos De Taos, NM 87557

    $515,000
    1,350 sqft

    Single-asset short-term rental in Ranchos de Taos, New Mexico.

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    Hoosier Hot Springs Historic District
    Hoosier Hot Springs Historic District

    516 Austin St, Truth Or Consequences, NM

    $2,279,000
    5,528 sqft 0.41 AC lot

    Historic district property with hot springs, inn, and residences.

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    I-25 & I-40 Hotels
    I-25 & I-40 Hotels

    1901 UNIVERSITY BLVD NE & 1780 MENAUL BLVD NE, Albuquerque, NM 87102

    Contact for pricing
    12 sqft 12.00 AC lot

    Two hotels with development land at I-25 and I-40.

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    Two-Story Hotel with 90 Rooms
    Two-Story Hotel with 90 Rooms

    3510 Central Dr, Hobbs, NM 88240

    $7,250,000
    3.78 AC lot

    Baymont by Wyndham Hobbs is a two-story, 90-room hotel on a 3.78-acre parcel.

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    34-room Econo Lodge Inn & Suites – Santa Rosa, NM
    34-room Econo Lodge Inn & Suites – Santa Rosa, NM

    2295 Historic Route 66, Santa Rosa, NM 88435

    $2,700,000
    18,000 sqft

    34-room Econo Lodge Inn & Suites – Santa Rosa, NM

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    Hoosier Hot Springs & Inn
    Hoosier Hot Springs & Inn

    516 Austin St, Truth Or Consequences, NM 87901

    $2,800,000
    5,528 sqft

    Historic hot springs and inn with short and long-term rentals.

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    The Holiday Inn Express – Carlsbad, NM
    The Holiday Inn Express – Carlsbad, NM

    2210 West Pierce Street, Carlsbad, NM 88220

    $1,300,000
    46,480 sqft

    The Holiday Inn Express – Carlsbad, NM

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    Redevelopment Lodge with 16 Units
    Redevelopment Lodge with 16 Units

    107 El Paso Road, Ruidoso, NM 88345

    $990,000

    Redevelopment-ready property with updated building systems and finish-to-suit options for hospitality, apartments, or office uses.

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    Mountain Resort Hostel and Condos
    Mountain Resort Hostel and Condos

    30 S Angel Fire Rd, Angel Fire, NM 87710

    $3,900,000

    Nearly 10,000-square-foot property near ski lifts with three leased condo units and a renovated 44-bed hostel.

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    La Quinta Inn & Suites (Ruidoso Downs)
    La Quinta Inn & Suites (Ruidoso Downs)

    26147 U.S. 70, Ruidoso Downs, NM 88346

    $5,100,000
    31,500 sqft

    La Quinta Inn & Suites in Ruidoso, NM

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    Red Roof Inn
    Red Roof Inn

    3304 West Highway 66, Gallup, NM 87301

    $5,350,000
    52,000 sqft

    Red Roof Inn – Gallup, NM

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    Lodge with Indoor Pool
    Lodge with Indoor Pool

    208 Eagle Drive, Ruidoso, NM 88345

    Contact for pricing

    West Winds Lodge features 20 lodging units plus a combined management office and apartment.

    View details
    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in New Mexico, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

    Off-Market Properties in New Mexico

    Consider similar Off-Market properties in New Mexico. 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.

    1315 Menaul NE Blvd
    HOTEL/MOTEL

    1315 Menaul NE Blvd, Albuquerque, NM 87107-1633

    $1,060,000
    Estimated value
    71,012 sqft 3.58 AC lot
    View details
    3300 Prospect NE Ave
    HOTEL/MOTEL

    3300 Prospect NE Ave, Albuquerque, NM 87107-1858

    $1,615,000
    Estimated value
    63,532 sqft 3.31 AC lot
    View details
    2608 The American NW Rd
    HOTEL/MOTEL

    2608 The American NW Rd, Albuquerque, NM 87114

    $1,105,000
    Estimated value
    43,212 sqft 2.48 AC lot
    View details
    2321 International SE Ave
    HOTEL/MOTEL

    2321 International SE Ave, Albuquerque, NM 87106-4198

    $805,000
    Estimated value
    37,079 sqft 2.24 AC lot
    View details
    2222 Central SW Ave
    HOTEL/MOTEL

    2222 Central SW Ave, Albuquerque, NM 87104-1608

    Value Estimation by Request
    8,518 sqft 0.45 AC lot
    View details

    New Mexico Hotels Market Trends and Statistics

    Explore 72 hotels for sale in New Mexico, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 427,840 square feet of properties for sale, with an estimated market value of $34,444,000.

    Sale prices for resorts in New Mexico start at $515,000, averaging $2,870,333, and reaching up to $8,200,000 — 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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