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    Tbd Patton Dr Gallup, NM 87301

    For Sale
    $200,000

    Unimproved Land - Gallup, NM

    Type:Unimproved Land
    Lot size:
    3.04 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for Tbd Patton Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    See Exhibit A
    Exterior features
    Irregular Lot, Sidewalks
    Lot size
    3.04 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Combined Investments (505) 862-1852 [email protected]

    Listing agent Tony Sanchez (505) 862-1852

    Listing date Sep 23, 2025

    MLS# 20252892 Listing URL

    Copyright © 2025 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Gallup Land for Multifamily Development

    This 3.04-acre property in Gallup, NM, presents a development or investment opportunity. Zoned for multi-family residential use, the land is suitable for constructing a small apartment complex, townhomes, or duplexes. The location is convenient, with proximity to schools and major roads, making it attractive to future tenants. Utilities are expected to be accessible near the site. Given the area's growth and housing demand, this property offers solid potential for a new residential development.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Gallup
    County
    McKinley
    State
    New Mexico
    Longitude
    -108.696850229
    Latitude
    35.520043508

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    FAQs

    What type of property is this?
    Residential land & home lot - 3.04 acres zoned for multifamily residential development in Gallup, NM.
    Where is this residential land & home lot located?
    The property is located at Tbd Patton Dr Gallup, NM.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Approximately 3.04 acres of land in a prime location.; - Zoned for multi-family residential low, allowing for apartments, townhomes, or duplexes.; - High potential for new development due to current growth and housing demand.
    (505) 862-1852
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    Tbd Patton Dr Gallup, NM 87301
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    Gallup, NM 87301
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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
    Tbd Patton Dr Gallup, NM 87301
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