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Commercial Land Parcel
For Sale
$500,000

412 S Grand Avenue, Las Vegas, NM 87701

Land, Las Vegas, NM

Property SizeContact for details
Lot Size2.33 Acres
Days on Market88

Property Features for 412 S Grand Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Zoning description C-3
Elementary school Las Vegas
Middle school Las Vegas
High school Las Vegas
Directions From I25 N exit S Grand Ave property will be on the right side of the street
Standard status Active
APN 16140
Lot size 2.33 Acres

Taxes and HOA fees

Tax Description SUBD: TOWN OF LAS VEGAS LOT: 7 & 8 BLOCK: L-16 TRACT: 7 & 8 S: 35 T: 16 R: 16
Legal Description SUBD: TOWN OF LAS VEGAS LOT: 7 & 8 BLOCK: L-16 TRACT: 7 & 8 S: 35 T: 16 R: 16

Utilities

Sewer type Septic Needed
Water source Public
Listing Agency: Realty One Group Concierge
Listed By: Danielle Martinez · License #REC20250605
Added: Jun 15 Changed: Sep 6 Last Checked: Sep 10 at 8:06AM
MLS# 202602432

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land parcel encompasses 2.33 acres at 412 S Grand Avenue in Las Vegas, New Mexico. The property is classified for commercial use and provides a substantial tract for future planning or development. Public water is identified as an available water source, while a septic system is needed for wastewater service. The site is located in San Miguel County and carries a 87701 postal designation.

Key Highlights

  • 2.33‑acre commercial land parcel
  • Located at 412 S Grand Avenue, Las Vegas, NM 87701
  • Public water source identified

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Parking Lot & Garage Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

79
Businesses Nearby

Demographics for 87701, NM

18,387
Population
9,699
Households
1.9
Avg Household Size
42
Median Age
27%
College-Educated
88%
High-School Grad
1,601.8 sq mi
ZIP Area
11
Density / Sq Mi
$48,115
Median Household Income
$29,345
Median Earnings
$756
Median Rent
$169,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with public water service and septic infrastructure needed.
Where is this commercial land located?
The property is located at 412 S Grand Avenue Las Vegas, NM.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2.33‑acre commercial land parcel; Located at 412 S Grand Avenue, Las Vegas, NM 87701; Public water source identified
More about this property
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