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    1791 Nm-173 Aztec Hwy Navajo Dam, NM 87419

    For Sale
    $2,375,000

    SINGLE_FAMILY - Navajo Dam, NM

    Type:Retail
    Lot size:
    8.11 Acres
    Days on Market:
    198
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 1791 Nm-173 Aztec Hwy

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Lot size
    8.11 Acres

    Utilities

    Water source
    Public

    Building Details

    Year built
    1963

    Hayden Outdoors Real Estate (970) 674-1990

    Listing agent Lauren Fichtl (850) 797-5417 License #20841

    Listing date May 30, 2025

    Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Motel and Fly Shop

    Abe's Motel and Fly Shop, established in 1958, is located on 8.11 acres in San Juan County, NM, near Navajo Dam. This family-owned business features a fully stocked fly shop, a 56-room motel, an RV park, a grocery store, a gas station, a restaurant, and a lounge. The sale includes a 1500-sqft on-site cottage with 3 bedrooms and 2 bathrooms. The property is suited for Airbnb or VRBO. The motel rooms include furnishings, linens, and towels. The restaurant was known for its box lunches. The lounge is decorated with pictures and heirlooms of Abe's history. The fly shop offers fishing advice and supplies.
    Location Intelligence

    Current Use by Public Records

    Motels

    Map

    City
    Navajo Dam
    County
    San Juan
    State
    New Mexico
    Longitude
    -107.6953209
    Latitude
    36.80521012

    FAQs

    What type of property is this?
    Motel - Established motel, fly shop, and restaurant near Navajo Dam.
    Where is this motel located?
    The property is located at 1791 Nm-173 Aztec Hwy Navajo Dam, NM.
    What is the asking price?
    The asking price for this property is $2,375,000.
    What are key features of this property?
    This property features: - Established, iconic business (Abe's Motel and Fly Shop) operating successfully since 1958 in a renowned fishing destination.; - Diverse income streams: Includes a 56-room motel, RV park, fly shop, grocery store, gas station, restaurant, and lounge.; - Prime location: Situated on 8.11 acres below Navajo Dam on the Quality Waters of the San Juan River.
    (850) 797-5417
    Request Owner's contact information
    1791 Nm-173 Aztec Hwy Navajo Dam, NM 87419
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    Navajo Dam, NM 87419
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1791 Nm-173 Aztec Hwy Navajo Dam, NM 87419
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