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Commercial Land Near Interstate
For Sale
$75,000
Pending

281 Marguerite St, Gallup, NM 87301

Commercial parcel near schools, an airport, and multiple retail businesses.

Property Size4,989 SF
Days on Market1988

Property Features for 281 Marguerite St

General Information

Standard status Pending
Size 4,989 SF
Property subtype Land

Amenities

Water
Sewer
Listing Agency: CBRE
Listed By: Matthew Butkus
Source: Carnm.resimplifi
Added: Mar 23, 2021 Changed: Aug 29 Last Checked: Aug 30 at 1:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE

Investment Insights

Based on property information with market context.

This commercial land offering includes 2.01± acres at 281 Marguerite St in Gallup, New Mexico. The site is situated just off Interstate 40, providing a location near a major interstate corridor.

Nearby destinations include Gallup Central High School, Gallup Central Junior High School, Gallup Municipal Airport, and several retail businesses. The surrounding context combines educational, aviation, and commercial uses near the property.

Key Highlights

  • 2.01± acres of commercial land
  • Located just off Interstate 40
  • Near Gallup Central High School and Gallup Central Junior High School

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Hair Salon Pharmacy Plumbing Service Locksmith Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby

Demographics for 87301, NM

22,438
Population
7,776
Households
2.9
Avg Household Size
35
Median Age
23%
College-Educated
89%
High-School Grad
39.5 sq mi
ZIP Area
568
Density / Sq Mi
$58,302
Median Household Income
$35,574
Median Earnings
$858
Median Rent
$134,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial parcel near schools, an airport, and multiple retail businesses.
Where is this commercial land located?
The property is located at 281 Marguerite St Gallup, NM.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: 2.01± acres of commercial land; Located just off Interstate 40; Near Gallup Central High School and Gallup Central Junior High School
More about this property
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