Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Motels

    1408 Main St, Lordsburg, NM 88045

    15,812 SF 2.27 ac lot Built 1998
    Property ID
    US61-1227747
    Property summary
    AI-generated overview

    This exceptional value-add opportunity presents a 40-key Econo Lodge hotel in Lordsburg, New Mexico. Situated on a 2.27-acre lot conveniently located off Interstate-10 and the Continental Divide, this two-story, 15,812 square foot property offers significant upside potential. Built in 1998, the hotel boasts a strong 7.59% cap rate and a substantial net operating income (NOI) of $113,915, with an asking price of $995,000 ($94.86/sq ft). The property includes two large manager's living quarters and ample space for truck parking, catering to a diverse clientele including leisure travelers, interstate commuters, military personnel, border patrol agents, and Union Pacific employees. Its strategic location along the popular Continental Divide trail makes it an ideal rest stop for travelers on I-10. The property is fee simple ownership and is lender-approved for SBA/USDA financing. This presents a compelling investment opportunity for those seeking a strong return and the potential for increased income and reduced expenses through on-site owner-operator management. The property's size and location offer significant advantages for maximizing revenue and operational efficiency.

    Property profile
    Verified
    Property type Motels
    Year built 1998
    Total area 15,812 SF
    Lot 2.27 ac (98,881 SF)
    UPID US61-1227747
    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
    Current use
    Occupant on record · Public records
    • Econo Lodge Lordsburg I-10 Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1408 Main St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message