Second St Gallup, NM 87301
- Land
Current Use by Public Records
- Land
Property Details for 0 Second St
- Property type
- Land
Description
This exceptional 3.72-acre commercial land parcel presents a compelling development opportunity in Gallup, New Mexico. Located on S 2nd St, zip code 87301, this property is zoned RHZ (Rural Holding Zone), a designation specifically for land held until development demand justifies construction. The strategic location offers significant advantages. To the west lies land designated for a country club, suggesting future upscale residential development. Conversely, to the east, the property benefits from the proximity to McKinley County Schools and retail establishments, ensuring a strong potential customer base for any future development. The asking price for this prime acreage is $80,000. This represents a unique chance to acquire land in a growing area with a clear path for future development, capitalizing on the existing infrastructure and projected growth. The property's coordinates are 35.52013756177318 latitude and -108.71090154829838 longitude. This presents a rare opportunity for investors seeking a strategic land acquisition in McKinley County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gallup
- County
- McKinley
- State
- New Mexico
- Longitude
- -108.711
- Latitude
- 35.5201