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    1065 Trailer Rnch Rd Gallup, NM 87301

    For Sale
    $39,000

    Prime 2.52-acre lot in Gallup, NM. Near schools & shopping.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2.52-acre land parcel presents a unique investment opportunity in Gallup, New Mexico. Located at 1065 Trailer Ranch Road, this property boasts convenient proximity to both Gallup High School and its athletic fields, offering easy access to local amenities and schools. While the actual fenced portion of the property encompasses one acre, the total acreage extends to 2.52 acres, including an approximately one-acre access road. The property line extends to the fence adjacent to the high school, providing a desirable location within the city. This rare offering of in-town acreage is hard to find, making it an attractive prospect for various development possibilities. The asking price for this land is $39,000. The property is situated in McKinley County, New Mexico, with a zip code of 87301, and its precise coordinates are 35.5057603 latitude and -108.7600963 longitude. This presents a compelling opportunity for those seeking a substantial land holding in a convenient and desirable location.

    Property Features for 1065 Trailer Rnch Rd

    General Information

    Property type
    Land
    Lot Size
    109,771 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gallup
    County
    McKinley
    State
    New Mexico
    Longitude
    -108.7600963
    Latitude
    35.5057603

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    FAQs

    What type of property is this?
    Land - Prime 2.52-acre lot in Gallup, NM. Near schools & shopping.
    Where is this land located?
    The property is located at 1065 Trailer Rnch Rd Gallup, NM.
    What is the asking price?
    The asking price for this property is $39,000.
    Request Owner's contact information
    1065 Trailer Rnch Rd 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
    1065 Trailer Rnch Rd Gallup, NM 87301
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