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    68 Us 380 Hwy Tatum, NM 88267

    • Hospitality properties
    • 4.02 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Hospitality properties

    Property Details for 68 Us 380 Hwy

    Year built
    1980
    Lot size
    4.02 lot acres
    Property type
    Hospitality properties
    Property subtype
    Hotels

    Description

    This exceptional investment opportunity presents a 19-unit motel situated on a spacious 4.02-acre lot in Tatum, New Mexico. Built in 1980, the property includes a 3-bedroom, 1-bathroom home with an integrated office space, offering additional potential for management or rental income. The motel itself comprises nineteen individual units, presenting a significant revenue stream. The property is being sold "as-is," with the seller not undertaking any pre-sale repairs. This presents a unique chance for a buyer to renovate and upgrade the property to their specifications, potentially increasing its value and profitability. Located at 68 W US 380 Highway, Tatum, NM 88267, this property benefits from its convenient location within Lea County. The asking price is $149,500, making it an attractive proposition for investors seeking a substantial return on investment in the hospitality sector. The substantial lot size offers potential for future expansion or development. This is a prime opportunity to acquire a well-established motel with significant upside potential. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tatum
    County
    Lea
    State
    New Mexico
    Longitude
    -103.346
    Latitude
    33.2577

    Comparable in this City

    • Value Estimation by Request

      Fox

      Land
      0 Fox, Tatum, NM 88267
      View Details
    • Value Estimation by Request

      30 Us 380

      Commercial real estate
      30 Us 380, Tatum, NM 88267
      View Details
    • Value Estimation by Request
      1,773 SF

      68 Us 380 Hwy

      Commercial real estate • 1,773 SF
      68 Us 380 Hwy, Tatum, NM 88267
      View Details
    • Value Estimation by Request
      2.37 Acres

      1300 3 St

      Land • 2.37 Acres
      1300 3 St, Tatum, NM 88267
      View Details
    • Value Estimation by Request

      Tbd Bridges Ave

      Land
      0 Tbd Bridges Ave, Lovington, NM 88267
      View Details
    • Value Estimation by Request
      5.00 Acres

      30 Us 380 Hwy

      Restaurants • 5.00 Acres
      30 Us 380 Hwy, Tatum, NM 88267
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Lea County Land: Tatum, NM

      7,000 sq ft lot; excellent development potential.
      0 Tbd Bridges Ave, Lovington, NM 88267
      View Details
    • Contact for pricing

      Tatum, NM Land: Prime Building Site

      Affordable Land, 21,000 sq ft, New Mexico
      0 Fox Ave, Tatum, NM 88267
      View Details
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    68 Us 380 Hwy
    Tatum, NM 88267
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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