2465 Us Rt. 66 Rte Santa Rosa, NM 88435
This exceptional 9.78-acre commercial land parcel presents a unique investment opportunity in Santa Rosa, New Mexico. Located on US Route 66, this property boasts high visibility and significant traffic exposure, making it ideal for a variety of commercial ventures. Built in 1950, the land is conveniently situated near all essential utilities, ensuring seamless development and operation. The property's strategic location along the historic Route 66 offers unparalleled access to a steady stream of vehicles and potential customers. Furthermore, the land is already subdivided into tracts, simplifying the development process and reducing potential planning hurdles. With at least two access points, accessibility is maximized, offering flexibility for future development plans. The asking price for this prime commercial real estate is $850,000. Situated in Guadalupe County, New Mexico, with a zip code of 88435, this property offers a compelling blend of location, accessibility, and development potential. Its proximity to all utilities and pre-existing tract divisions make it a highly attractive option for investors seeking a ready-to-develop commercial site in a thriving New Mexico community. Don't miss this chance to acquire a piece of Route 66 history with significant commercial potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.