0 Tbd St, Milan, NM 87021

This exceptional 8.2-acre commercial land parcel presents a unique investment opportunity in the heart of Milan, New Mexico. Located conveniently off Route 66, this property boasts a prime location behind the well-known El Ranchero Restaurant, ensuring high visibility and accessibility. Previously the site of the Trails Drive-In, the land is currently zoned commercial, offering immediate development potential for a variety of businesses. However, the property's zoning could potentially be altered for residential use, opening up additional possibilities. Envisioning a large residential homesite, a thriving mobile home park, or a subdivision of new homes are all viable options, subject to necessary approvals and permits. While utilities are believed to be present due to the property's previous use as a drive-in theater, potential buyers are strongly encouraged to independently verify the availability of water, sewer, gas, and electricity connections. The property's address is TBD East Street, Milan, NM 87021, within Cibola County. This is a rare chance to acquire a significant land holding in a desirable location with diverse development potential. The asking price for this remarkable property is $125,000.