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Property profile & analytics
OFF-MARKET
Land

3050 Ave Ave Gallup, NM 87301

1.01 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.01-acre commercial land parcel presents a remarkable investment opportunity along the legendary Historic Route 66 in Gallup, New Mexico. Located at 3050 W Highway 66 Avenue, this property boasts a highly desirable location with excellent visibility and accessibility. The lot is ready for development, offering significant potential for a variety of commercial ventures. Its strategic placement along this iconic highway provides unparalleled exposure to a steady stream of tourists and local traffic. The property is serviced by essential utilities, including readily available electricity, municipal sewer, and water, simplifying the development process and reducing upfront costs. With its prime location and convenient access to infrastructure, this 1.01-acre tract is an ideal canvas for entrepreneurs seeking to establish a thriving business in a vibrant and historically significant area. The asking price for this exceptional property is $49,000. The property's address is 3050 W Highway 66 Avenue Avenue, Gallup, NM 87301, situated in McKinley County. This presents a rare chance to own a piece of Americana and capitalize on the enduring appeal of Route 66. Don't miss this chance to secure a piece of this iconic highway's legacy.

Property profile
Verified
Property type Land
Lot 1.01 ac (43,996 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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