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    212-250 Mills Ave Las Vegas, NM 87701

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    For Lease
    Contact for pricing

    Retail space for lease in a busy Las Vegas shopping center.

    Property size:
    8,748 SF
    Lot size:
    6.59 Acres

    Property Features for 212-250 Mills Ave

    General Information

    Size
    8,748 SF
    Lot size
    6.59 Acres

    Source: Duke City Commercial Agent Joe Farr CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Las Vegas Retail Space Available

    Located in Las Vegas, NM, this retail space is part of a busy shopping center that includes Big R, Auto Zone, and Family Dollar, along with several local businesses. The shopping center is under new management, and recent upgrades have been made, including new storefront glass and parking lot lighting. The property offers visibility with over 13,700 cars per day on Mills Avenue. The available retail space measures 8,748 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Mills Plaza, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    San Miguel
    State
    New Mexico
    Longitude
    -105.2332192
    Latitude
    35.6008123

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    FAQs

    What type of property is this?
    Shopping center - Retail space for lease in a busy Las Vegas shopping center.
    Where is this shopping center located?
    The property is located at 212-250 Mills Ave Las Vegas, NM.
    What are key features of this property?
    This property features: - Located in a busy shopping center with established national tenants like Big R, Auto Zone, and Family Dollar.; - High visibility with over 13,700 cars per day on Mills Avenue.; - Under new management.
    (505) 463-6915
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    Las Vegas, NM 87701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    212-250 Mills Ave Las Vegas, NM 87701
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