2390 Historic Route 66 Santa Rosa, NM 88435
- Land
Current Use by Public Records
- Land
Property Details for 2390 Historic Route 66
- Property type
- Land
Description
This exceptional 3.4-acre commercial land parcel presents a remarkable opportunity for hotel development in Santa Rosa, New Mexico. Strategically positioned between Interstate 40 and Historic Route 66, this property boasts unparalleled visibility and accessibility. Its location directly borders both major roadways, placing it conveniently midway between two I-40 interchanges. The mostly flat terrain simplifies construction, and all utilities are readily available. A 2022 traffic count revealed significant daily vehicle volume: 4,914 vehicles on Historic Route 66 and 17,204 vehicles on I-40, underscoring the high traffic flow and potential customer base. Santa Rosa's advantageous location between Albuquerque, New Mexico, and Amarillo, Texas, at the intersection of Interstate 40, US Route 54, and US Route 84, ensures convenient access for travelers from diverse directions. The area already features a concentration of hotels and fueling stations, including prominent brands like Pilot, Loves, and TA, all within a mile radius. This reasonably priced land offers a compelling investment opportunity to build a thriving hotel in a high-traffic, well-established commercial corridor. The property is located at 2390 Historic Route 66, Santa Rosa, NM 88435, in Guadalupe County.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Santa Rosa
- County
- Guadalupe
- State
- New Mexico
- Longitude
- -104.658
- Latitude
- 34.9462
