7740 Highway 60 Datil, NM 87821
- Commercial real estate
- 15,360 SF
Current Use by Public Records
- Commercial real estate
Property Details for 7740 Highway 60
- Year built
- 1932
- Property size
- 15,360 SF
- Property type
- Commercial real estate
Description
This exceptional 15,360 sq ft commercial property in Datil, NM, presents a lucrative investment opportunity. The complex includes a three-pump gas station with six pumps under a covered canopy, ensuring consistent traffic. A combined 12,000 sq ft general store and restaurant boasts bar seating for up to 80 guests. A valuable statewide transferable liquor license is included. An eight-room motel (3,360 sq ft) enjoys a stable 75% occupancy rate, providing immediate income. A 16-space RV park offers significant expansion potential to capitalize on growing tourism. A 3,000 sq ft outbuilding is currently leased annually, generating additional revenue. The motel's occupancy, currently driven by word-of-mouth, offers substantial upside with targeted marketing. The RV park's expansion potential further enhances the property's income generation capabilities. This property is priced at $1,750,000 and offers a unique blend of established businesses and growth opportunities for a savvy investor. The property's diverse revenue streams and potential for expansion make it an attractive investment in a growing market.
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
- Datil
- County
- Catron
- State
- New Mexico
- Longitude
- -107.844
- Latitude
- 34.14528
