Mixed-Use Land for Sale in Cuba, New Mexico

6474 US-550 Cuba, NM 87013

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$1,250,000
3.25 acres
Active sale agoEst $9,397/mo

Unlock a unique investment with the 33-key Frontier Motel on US-550 in Cuba, NM, a key route to the Four Corners and more. This property includes two parcels: 6474 Main St with 20 keys, a front office, storage building with an unused bar/game area and a vacant 4-bedroom, 3-bath commercial residence, and 6471 Main St with 13 keys and a separate vacant residence/possible front office.With 16,537 SF of improvements on 3.25 acres, including 2 acres of surplus residential-zoned land for development, and 7,000 SF of unused space for expansion, the potential is vast. 2024 YTD financials show $271K gross income vs. $150K expenses, underscoring its profitability. Priced at $1.25M, it's ideal for investors or owner/operators seeking growth. Full financials available upon NDA.

Directions

From the intersection of US-550 and NM-528 in Rio Rancho, head northwest on US-550 for approximately 62 miles. The property is located in the Village of Cuba, directly across from the Speedway gas station on the right-hand side.

Location

Street Address
6474 US-550
Elevation
6,926 feet
Coordinates
36.0264, -106.9593

Property details

MLS Number
SWMLS 1073731
Date Posted

Property taxes

Recent
$3,946

Parcels

  • 2-005-122-075-460

Legal description

This 3.25-acre property is located at 6474 US-550 in Cuba, NM 87013 with latitude 36.0264 and longitude -106.9593. The property is currently available for sale for $1,250,000 with a price per acre of $384,615. Listing data is sourced from Southwest MLS # 1073731.

Verify sale details at the property source or contact Keller Williams Realty at (505) 897-1100.

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Copyright (C) 2024 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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