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 Gallup NM Prime Commercial Development Opportunity Route 66

  • Land
    1 acre
    bedroom 0 Bedrooms
    bathroom 0 Baths
  • Flip
    Status : Available
    Year Built : 0
Gallup NM Prime Commercial Development Opportunity Route 66 – Gallup is a small city in New Mexico surrounded by amazing scenery, on historic Route 66.  A perfect spot for a restaurant, liquor store, storage facility, car wash, group home or elderly care facility, equipment yard or about any other commercial use you can think of.There is absolutely so much to do and discover here! You can take archaeological and cultural sites tours, visit National Parks.  Petrified Forest National Park, Canyon De Chelly National Monument, El Morro National Monument and El Malpais National Monument are all less than 100 miles away from the property! Hike to Pyramid Rock, just 21 miles from the property. It’s one of several hiking trails nearby with spectacular views of Gallup at the summit.There are endless potentials for this commercial lot at $124,999 seller financing with $65,000 down and $656.38/month for 10 years.Or a Huge Cash Discount at $99,999!!!

Gallup NM Prime Commercial Development Opportunity Route 66 Property Details:
  •      Sale Price: $99,999 Cash, or $124,999 Seller Financing with $65,000 down
  •      Address: 3000-3090 I-40BL Gallup, NM 87301
  •      State:  New Mexico
  •      County:  McKinley
  •      Annual Taxes:  $1,778.20 total
  •      HOA: None
  •      Closest City: Gallup
  •      Size: 1.01 Acres
  •      Zoning: Heavy Commercial (HC) for more information see pages 20 and 49-52 of the Land Standards Document 
  •      Terrain:  Open
 Rehab Work Needed
 General Amenities


Gallup NM Prime Commercial Development Opportunity Route 66 Flip
Property ID: NM20017365
Address: Login to View
City: Gallup
State/Province: NM
Zip Code: 87301
Country: USA

Flip Analysis

+ Purchase Price: $99,999
+ Purchase Closing Cost: $3,000
+ Rehab Cost: $99,999
Total Acquisition Cost: $202,998

+ Selling closing cost: $3,000
+ Agent Commision : $3,000
Total Holding Cost: $6,000

Total Flip Cost: $208,998
Projected ARV: $99,999


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