1620 Route 66 Tucumcari, NM 88401
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
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
Similar Nearby for Sale
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.