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    1620 Route 66 Tucumcari, NM 88401

    For Sale
    $650,000

    Historic Tucumcari Hotel, 25 Rooms, Turnkey

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 25-room hotel, situated on a 2-acre lot at 1620 E Route 66 in Tucumcari, New Mexico, presents a unique investment opportunity. Built in 1963, this property boasts a charming retro 1950s aesthetic, recently renovated with modern amenities. All 25 rooms feature pillowtop mattresses, microwaves, refrigerators, and full bathrooms with tubs. The hotel offers ample parking for guests. A significant advantage is the inclusion of owner/manager living quarters, providing convenient on-site management. The large registration area is designed to provide guests with comprehensive information about Route 66. A garage located behind the motel offers valuable storage space. The entire building features a flat metal roof. The property includes two hot water heaters – one for the rooms and a backup unit. All furniture is included, extending to the owner's suite. While currently closed, a coffee shop is also included with all its equipment. Adding to the property's unique character are vintage airplanes situated on the grassy area. The hotel enjoys easy access, being located just two blocks from the Route 66 and Hwy 54 bypass. This turnkey operation is priced at $650,000 and represents a compelling investment in a thriving tourist destination. The property is located in Quay County, New Mexico, zip code 88401.

    Property Features for 1620 Route 66

    General Information

    Property type
    Hotels
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1963

    HighLights

    • $650,000 asking price for a 25‑room hotel.
    • Historic Route 66 motel in Tucumcari, NM.
    • Completely renovated in a 1950s retro style.
    • Features include owner's quarters, ample parking, and a coffee shop with equipment.
    • 2‑acre lot with vintage airplanes on the property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Tucumcari
    County
    Quay
    State
    New Mexico
    Longitude
    -103.706209
    Latitude
    35.1712584

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    FAQs

    What type of property is this?
    Hotel - Historic Tucumcari Hotel, 25 Rooms, Turnkey
    Where is this hotel located?
    The property is located at 1620 Route 66 Tucumcari, NM.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: $650,000 asking price for a 25-room hotel.; Historic Route 66 motel in Tucumcari, NM.; Completely renovated in a 1950s retro style.
    Request Owner's contact information
    1620 Route 66 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.

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    Comparable approach

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

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    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
    1620 Route 66 Tucumcari, NM 88401
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