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    2404 7Th St Las Vegas, NM 87701

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    For Sale
    $999,999

    5000 sq ft commercial property in Las Vegas, New Mexico.

    Property size:
    5,000 SF
    Lot size:
    0.11 Acres

    Property Features for 2404 7Th St

    General Information

    Size
    5,000 SF
    Lot size
    0.11 Acres

    Source: Coldwell Banker - Legacy | Paseo del Norte Agent Nikki Bronstorp

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

    Overview

    Las Vegas Commercial Property For Sale

    This 5000 sq ft commercial property is situated on a full acre in Las Vegas, New Mexico. The property is positioned near key community facilities. The main area features a front store, including an enclosed beer cave and two drink refrigerators. The back area includes a bar and dining room. The property can be repositioned for any business needing high visibility and a freestanding property. The dispenser's liquor license can be sold separately.
    Insight Report Location Intelligence

    Current Use by Public Records

    Legers Package Liquor ... Liquor Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    San Miguel
    State
    New Mexico
    Longitude
    -105.2245745
    Latitude
    35.617668

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    FAQs

    What type of property is this?
    Retail space - 5000 sq ft commercial property in Las Vegas, New Mexico.
    Where is this retail space located?
    The property is located at 2404 7Th St Las Vegas, NM.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - 5000 sq ft commercial property on a full acre in Las Vegas, New Mexico.; - Strategic location in the heart of Las Vegas, New Mexico, near key community facilities.; - Front store includes an enclosed beer cave and two drink refrigerators.
    (505) 209-1246
    Request Owner's contact information
    2404 7Th St Las Vegas, NM 87701
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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
    2404 7Th St Las Vegas, NM 87701
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