3291 Historic Route 66 Santa Rosa, NM 88435
- Land
Current Use by Public Records
- Land
Property Details for 3291 Historic Route 66
- Property type
- Land
Description
Exceptional commercial land opportunity in Santa Rosa, New Mexico, totaling over 10 acres. This property boasts over 475 feet of frontage on Historic Route 66, offering unparalleled visibility and accessibility. Its strategic location is halfway between two I-40 interchanges, providing convenient access to a major interstate highway. The property is largely flat and features readily available utilities. A 2022 traffic count reveals 4914 vehicles per day on Route 66, while I-40, approximately one-tenth of a mile south, sees a significantly higher traffic volume of 17,204 vehicles daily. This presents a remarkable chance to establish a thriving business in a high-traffic area. Santa Rosa's location between Albuquerque, New Mexico, and Amarillo, Texas, at the intersection of I-40 and US Routes 54 and 84, ensures convenient access for travelers from diverse directions. Numerous hotels and fueling stations, including Pilot, Loves, and TA, are within a mile radius. The asking price is $653,400, and the owners are open to both sale and lease options. This reasonably priced tract offers significant potential for commercial development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Rosa
- County
- Guadalupe
- State
- New Mexico
- Longitude
- -104.658
- Latitude
- 34.9462
