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    OFF-MARKET
    Commercial real estate

    308 Coal Ave, Gallup, NM 87301

    Built 1977
    Property ID
    US61-1065541
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 308 W Coal Avenue in Gallup, New Mexico, presents a unique investment opportunity. Listed at $675,000, this 7100 square foot lot offers significant potential for a variety of commercial uses. Built in 1977, the property is zoned for commercial purposes and is ideally suited for retail businesses or an auto parts store, given its practical features. The property includes three loading bays, each equipped with convenient garage doors, making loading and unloading goods efficient and straightforward. A full basement provides ample space for storage, inventory management, or additional business operations. Situated in the heart of Historic Downtown Gallup, this location benefits from high visibility and accessibility, ensuring strong potential for customer traffic and business growth. The property's size and features make it a rare find in this bustling area, offering a substantial opportunity for entrepreneurs and investors alike. The property's address is 308 W Coal Avenue, Gallup, NM 87301. This is a chance to establish a thriving business in a vibrant and historic New Mexico community.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1977
    UPID US61-1065541
    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
    • AMASCO Home Appliance Store Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    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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