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Gallup, NM Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Gallup, New Mexico Market population: 22K. Compare commercial properties across all major asset classes...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Gallup NM Properties: 2.7000%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Gallup NM

Common questions from investors exploring commercial real estate in Gallup NM.

What is the overall investment potential of Gallup, NM, considering its demographic and economic factors? +
The city's median household income of $47,934, combined with a poverty rate of 27.5% and a health insurance coverage of 83.0%, suggests a working-class market with some employment stability, making it a potential location for affordable housing investments. The top industries, including Public Administration and Transportation & Warehousing, indicate a diverse economy, while the 19.1-minute average commute time and high rate of drove alone commutes suggest a need for convenient and accessible housing options. Additionally, the city's ethnic diversity, with Native American, White, and Hispanic populations, could support a range of cultural and commercial developments.
How does the city's housing market look, in terms of property values, taxes, and ownership rates? +
Gallup's median property value of $130,700 and median property taxes of $3,567 indicate a relatively affordable housing market, which could be attractive to investors looking for renovation or rental opportunities. The homeownership rate of 56.5% suggests a mix of owned and rented properties, while the average commute time of 19.1 minutes and top commute methods, including drove alone and carpooled, highlight the importance of convenient and accessible locations. Furthermore, the city's poverty rate of 27.5% and health insurance coverage of 83.0% imply a need for affordable and stable housing options, which investors could help address.
What are the key quality-of-life factors that investors should consider when evaluating Gallup, NM as a potential investment location? +
The city's average commute time of 19.1 minutes, top commute methods, and health insurance coverage of 83.0% all contribute to a relatively high quality of life, making it an attractive location for residents and potentially supporting higher property values and rental yields. Additionally, the city's ethnic diversity and top industries, including Public Administration and Professional, Scientific, & Management, suggest a range of cultural, educational, and economic opportunities that could enhance the overall quality of life and support long-term investment growth. The poverty rate of 27.5% and GINI coefficient of 0.459 also highlight the need for investments that promote economic development and social stability.
How does the city's economic profile, including its top industries and employment rates, impact its investment potential? +
Gallup's top industries, including Public Administration, Transportation & Warehousing, and Professional, Scientific, & Management, indicate a diverse economy with a range of job opportunities, which could support a stable and growing population. The employed population of 8,153 and median household income of $47,934 suggest a relatively stable economic base, while the poverty rate of 27.5% and health insurance coverage of 83.0% imply a need for investments that promote economic development and social stability. The city's foreign-born rate of 4.3% and ethnic diversity also highlight the potential for cultural and commercial developments that cater to a range of populations.
What are the implications of the city's demographic and socioeconomic factors, including its poverty rate and health insurance coverage, for real estate investors? +
The city's poverty rate of 27.5% and health insurance coverage of 83.0% suggest a working-class market with some employment stability, making it a potential location for affordable housing investments. The median age of 30.3 and top ethnicities, including Native American, White, and Hispanic, indicate a relatively young and diverse population, which could support a range of cultural and commercial developments. Additionally, the city's GINI coefficient of 0.459 and average commute time of 19.1 minutes highlight the need for investments that promote economic development and social stability, while the median property value of $130,700 and median property taxes of $3,567 indicate a relatively affordable housing market.

Gallup NM Real Estate & City Facts

Key facts and real estate information about Gallup NM.

What are some of the best neighborhoods to live in Gallup? +
Some of the best neighborhoods to live in Gallup include East Side Gallup, which is known for being peaceful and well-maintained, and other areas in the east parts of the city. However, it's worth noting that more affordable homes can be found in the northwest regions. Neighborhoods like these offer a great balance of safety, walkability, and family-friendly environments.
What are some fun things to do in Gallup? +
There are plenty of fun things to do in Gallup, such as visiting the Gallup Cultural Center, attending the Gallup Open Rodeo Show, taking a hike at Red Rock Park, and exploring the downtown area. You can also visit the Navajo Code Talker Museum, go to the Gallup Flea Market, or take a hot air balloon ride to enjoy stunning views.
What is the food scene like in Gallup? +
The food scene in Gallup is diverse and exciting, with a range of restaurants serving authentic New Mexican and Native American-inspired dishes. Some popular spots include Jerry's Cafe, Oasis Mediterranean Restaurant, Earl's Restaurant, and El Rancho Restaurant. There are also plenty of great food trucks and local eateries, such as Alicia's, which serves amazing breakfast burritos.
What are the pros and cons of living in Gallup? +
Living in Gallup has its pros and cons. On the plus side, the city offers a unique cultural experience, stunning natural scenery, and a relatively low cost of living. However, some drawbacks include a higher crime rate and limited job opportunities compared to larger cities. Additionally, the city's remote location can make it difficult to access certain amenities or services.
Is Gallup a good place to live? +
Whether or not Gallup is a good place to live depends on your individual preferences and priorities. If you value a close-knit community, rich cultural heritage, and easy access to outdoor activities, Gallup might be an excellent choice. However, if you're looking for a more urban lifestyle with a wider range of job opportunities and amenities, you might want to consider other options. Ultimately, it's essential to weigh the pros and cons and visit the city in person to get a feel for whether it's the right fit for you.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Gallup NM Commercial Property: $47,934

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⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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