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Property profile & analytics
OFF-MARKET
Specialty properties

1620 Route 66 Tucumcari, NM 88401

2 ac lot Built 1963
Property ID
Property summary
AI-generated overview

This exceptional 2-acre property, located at 1620 E Route 66 in Tucumcari, New Mexico, presents a unique investment opportunity. Built in 1963, this special-purpose property boasts a fully renovated 25-room motel, each featuring a retro 1950s design, pillowtop mattresses, microwave, refrigerator, and full bath with tub. Ample parking is available for guests. The property includes owner/manager living quarters, a large registration area with Route 66 information, and a detached garage for storage. The motel features a new flat metal roof and two hot water heaters for reliable service. All furniture, including that in the owner's suite, is included in the sale. While currently closed, the on-site coffee shop is fully equipped. Adding to the property's charm are vintage airplanes situated on the grounds. The property's versatility extends beyond its current use as a motel

Property profile
Verified
Property type Specialty properties
Year built 1963
Lot 2 ac (87,120 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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