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    Las Vegas, NM Hospitality Properties for Sale

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    Rociada, NM Mora, NM Cleveland, NM Holman, NM Tererro, NM Pecos, NM Chacon, NM San Jose, NM
    Mixed-Use Hospitality Property
    Updated: Feb 1
    Mixed-Use Hospitality Property

    1133 Grand Ave, Las Vegas, NM 87701

    $325,000
    1,600 sqft
    Built in 1933, two‑story mixed‑use property with front office and restaurant spaces
    Front building includes a 2nd‑floor bedroom and bath, plus first‑floor kitchen, larger bathroom suite, and multiple business rooms
    Back portion previously operated as a restaurant and includes two separate motel rooms that require upgrades to water, electric, and gas
    Rooms in the front building are light‑filled and have access to a yard
    Lots of parking on site
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Las Vegas, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Adobe Retreat Compound
    Adobe Retreat Compound

    18 Destierro Trail, Santa Fe, NM 87506

    $2,749,000
    8,894 sqft 3.84 AC lot

    Adobe retreat compound with a courtyard-centered hacienda, separate residence, and a circular sanctuary building.

    View details
    Mixed-Use Arts Hospitality Building
    Mixed-Use Arts Hospitality Building

    4 N Chamisa Dr, Santa Fe, NM 87508

    $1,599,000
    4,815 sqft 2.32 AC lot

    Extensively renovated building with a front gallery/event space, apartments, and private art studios.

    View details
    Mountain Resort Hostel and Condos
    Mountain Resort Hostel and Condos

    30 S Angel Fire Rd, Angel Fire, NM 87710

    $3,900,000

    Nearly 10,000-square-foot property near ski lifts with three leased condo units and a renovated 44-bed hostel.

    View details
    Turnkey RV Investment Opportunity
    Turnkey RV Investment Opportunity

    3521 Mountain View Blvd, Angel Fire, NM 87710

    Contact for pricing
    2,700 sqft

    Established RV park in Angel Fire, New Mexico for sale.

    View details

    Las Vegas, NM Hospitality Properties Market Trends and Statistics

    Explore 1 hospitality properties for sale in Las Vegas, NM on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $325,000.

    Sale prices for hospitality properties in Las Vegas, NM average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Motels 1

    Demographics Overview

    Population 19K
    Population Growth (5Y) +15.8%
    Median Household Income $48,966
    College Educated 44.9%

    High-Yield Neighborhoods for Investment

    Identify Las Vegas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    87701 $325K

    Taxes & Financing

    Tax Rate (average for all types) 3.57%
    Tax Rate vs County Average 0.08 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Miguel County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Miguel County

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