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Property profile & analytics
OFF-MARKET
Land

2465 Us Rt. 66 Rte Santa Rosa, NM 88435

9.78 ac lot Built 1950
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Year built 1950
Lot 9.78 ac (426,017 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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