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    202 Tucumcari Blvd Tucumcari, NM 88401

    For Sale
    Contact for pricing

    Prime Route 66 convenience store location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This prime retail space is located at 202 E Tucumcari Blvd, Tucumcari, New Mexico, 88401. Situated on historic Route 66, this property offers excellent visibility and accessibility. The convenience store is ideally positioned within a designated Opportunity Zone, presenting attractive investment potential. Its proximity to Mesalands Community College (within one mile) ensures a steady stream of potential customers. The property benefits from a strong retail environment, with neighboring businesses including NAPA Auto Parts and UPS. This strategic location provides convenient access to a wider regional market, being only 175 miles from Albuquerque, NM, and 114 miles from Amarillo, TX. The property's address is easily identifiable and accessible, making it an attractive option for a variety of retail businesses. The building itself is a well-established structure suitable for immediate occupancy and operation as a convenience store. Further details regarding the building's specific features and dimensions are available upon request. This property represents a unique opportunity to establish or expand a retail presence in a vibrant and growing community. The combination of its location, proximity to key amenities, and the potential benefits of the Opportunity Zone designation makes this an exceptional investment opportunity.

    Property Features for 202 Tucumcari Blvd

    General Information

    Property type
    Individual retail properties

    HighLights

    • Prime retail space on historic Route 66.
    • Located in an Opportunity Zone.
    • One mile from Mesalands Community College.
    • Strong neighboring retailers including NAPA Auto Parts and UPS.
    • 175 miles from Albuquerque, NM and 114 miles from Amarillo, TX.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Electrical Service Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tucumcari
    County
    Quay
    State
    New Mexico
    Longitude
    -103.72481894634
    Latitude
    35.172051280976

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    FAQs

    What type of property is this?
    Individual retail property - Prime Route 66 convenience store location.
    Where is this individual retail property located?
    The property is located at 202 Tucumcari Blvd Tucumcari, NM.
    What are key features of this property?
    This property features: Prime retail space on historic Route 66.; Located in an Opportunity Zone.; One mile from Mesalands Community College.
    Request Owner's contact information
    202 Tucumcari Blvd Tucumcari, NM 88401
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    Tucumcari, NM 88401
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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
    202 Tucumcari Blvd Tucumcari, NM 88401
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