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    Duplicate Gallup, NM 87301

    For Sale
    $1,065,001

    12.2 Acres, Prime Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 12.2-acre parcel presents a unique investment opportunity in Gallup, New Mexico. Located in McKinley County, with a zip code of 87301, this property boasts a Mixed Use Neighborhood zoning designation, opening doors to a wide range of development possibilities. The expansive lot size provides ample space for diverse projects, catering to both residential and commercial needs. The asking price for this remarkable land is $1,065,001. Its strategic location in Gallup offers convenient access to local amenities, transportation routes, and a growing community. The latitude and longitude coordinates are 35.5256368 and -108.6913167 respectively. This property is ideal for developers seeking to create a vibrant and multifaceted development that blends residential living with commercial enterprises. The existing zoning allows for a flexible approach to project design, maximizing the potential for return on investment. Serious inquiries are encouraged to explore the full potential of this exceptional land offering. Given its size and zoning, this property represents a rare opportunity to shape the future of a thriving New Mexico community. The address is currently listed as DUPLICATE, and further details can be provided upon request.

    Property Features for 0 Duplicate

    General Information

    Property type
    Land
    Lot Size
    531,432 SF

    HighLights

    • 12.2‑acre parcel in Gallup, NM (87301).
    • Mixed‑use zoning allows for diverse development.
    • Asking price: $1,065,001.
    • Convenient access to amenities and transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gallup
    County
    McKinley
    State
    New Mexico
    Longitude
    -108.6913167
    Latitude
    35.5256368

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    FAQs

    What type of property is this?
    Land - 12.2 Acres, Prime Development Opportunity
    Where is this land located?
    The property is located at Duplicate Gallup, NM.
    What is the asking price?
    The asking price for this property is $1,065,001.
    What are key features of this property?
    This property features: 12.2-acre parcel in Gallup, NM (87301).; Mixed-use zoning allows for diverse development.; Asking price: $1,065,001.
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    Duplicate 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
    Duplicate Gallup, NM 87301
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