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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1821 Hwy Gallup, NM 87301

16,693 SF Built 1993
Property ID
Property summary
AI-generated overview

This exceptional Gallup, NM retail storefront, located on highly visible Highway 66, offers 16,693 square feet across three floors. The main floor encompasses approximately 10,791 square feet, ideal for retail or office space. A 4,390 square foot open mezzanine on the second floor provides versatile space for various uses. A unique feature is a 1,500 square foot third-floor living area, suitable for residential use, additional office space, or a penthouse. Built in 1993, this standalone building sits on a 27,000 square foot lot, zoned for heavy commercial use. The asking price is $1,182,000 ($70.81/sq ft). This property presents a rare opportunity for owner-users seeking a large, versatile space in a high-traffic location. Its size and unique features make it stand out in the market, offering significant potential for long-term value appreciation and diverse income streams. The property is currently vacant, providing immediate occupancy for the new owner. Its prime location on Highway 66 ensures excellent visibility and accessibility, attracting a wide range of potential tenants or customers. The high-quality construction and attractive design contribute to its overall appeal and longevity. This is a truly unique investment opportunity in a desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1993
Total area 16,693 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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