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Medical Office Building with Land
For Sale
$380,000

188 Fr 2142, Las Vegas, NM 87701

Residential, Las Vegas, NM

Property Size4,095 SF
Lot Size3.00 Acres
Price / SF$92.80
Days on Market64

Property Features for 188 Fr 2142

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 7
Bathrooms 6
Full bathrooms 2
Half bathrooms 4
Rooms Bathroom 5, Bathroom 4, Bathroom 6, Bedroom 1, Bedroom 2, Bedroom 7, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 3
Interior features Audio/Video Surveillance
Exterior features Sidewalk
Fencing Chain Link
Appliances Microwave
Elementary school None/Other
Middle school None/Other
High school None/Other
Directions Head East on Douglas towards Grand Ave. Turn left on Grand Ave. Continue straight onto NM-250 W. Turn left to stay on NM-250 W. Continue for 1.9 miles location wil be to the right.
Subdivision New Mexico Mls
Standard status Active
APN 1097098230100
Size 4,095 SF
Lot size 3.00 Acres

Taxes and HOA fees

Tax Description S: 30 T: 17 R: 17
Tax Annual Amount 2857
Legal Description S: 30 T: 17 R: 17

Utilities

Heating system Radiant, Forced Air

Amenities

kitchenette
full kitchen
6 bathrooms (2 full)
laundry hookups
swamp cooling
large mature trees
paved parking lot

Building Details

Year built 1975
Floors in Building 1
Building materials Brick, Frame, Stucco
Listing Agency: Logic Real Estate
Listed By: Maricela Lopez · License #54029
Added: Jul 8 Changed: Sep 8 Last Checked: Sep 9 at 6:06PM
MLS# 20263990

Copyright © 2026 New Mexico MLS. 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 4,095-square-foot medical office property sits on 3 acres and was formerly operated as a healthcare facility. The building includes 6 office spaces, a kitchenette, a full kitchen, 6 bathrooms—including 2 full bathrooms—and laundry hookups. Brick, frame, and stucco construction, along with radiant and forced-air heating, support a practical commercial layout. Swamp cooling, audio/video surveillance, a chain-link fence, and a paved parking lot are also included.

Located just outside the Las Vegas city limits, the property offers access to I-25. Mature trees extend across the grounds, while an existing billboard may be used for on-site advertising or considered for billboard rental. The property is year-round commercial real estate with potential uses described in the source as healthcare, home health, lodging, or conversion to rentals; buyers should verify zoning and permitted uses.

Key Highlights

  • 4,095‑square‑foot building on 3 acres
  • 6 office spaces with kitchenette and full kitchen
  • 6 bathrooms, including 2 full bathrooms

Property Analytics

Current Use

Medical Office Space

Lease Details

6
Office units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3
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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Medical Office Space - Former healthcare facility with flexible office, kitchen, restroom, parking, and highway-accessible commercial improvements.
Where is this medical office space located?
The property is located at 188 Fr 2142 Las Vegas, NM.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 4,095‑square‑foot building on 3 acres; 6 office spaces with kitchenette and full kitchen; 6 bathrooms, including 2 full bathrooms
More about this property
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