Highway 518 Commercial
For Sale
Contact for pricing
20 Nm 518 Highway, Las Vegas, NM 87701
Five acres with a home, rezoning potential.
Property SizeContact for details
Lot Size5.00 Acres
Days on Market755
Property Features for 20 Nm 518 Highway
General Information
Standard status
Active
Lot size
5.00 Acres
Property subtype
Land
Listing Agency:
Duke Realty Group
(505) 429-1523
Listed By:
Katharine Duke · License #NM
Source:
Crexi
Added: Jul 19, 2024
Changed: Aug 8
Last Checked: Aug 11 at 1:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Duke Realty Group
Investment Insights
Based on property information with market context.
This property, identified as PARCEL A-1, is situated on the north side of Las Vegas, NM, along Highway 518. The site offers accessibility to thoroughfares within Las Vegas. The listing includes five acres of land and a modest 2-bedroom home. The location provides access to shopping, medical facilities, financial institutions, and recreational opportunities. Currently zoned for agriculture, the property requires rezoning for commercial use within the Seventh Street commercial area. There is a ditch that will be abandoned on the South side of the property.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Five acres with a home, rezoning potential.
Where is this commercial land located?
The property is located at 20 Nm 518 Highway Las Vegas, NM.
What is the asking price?
The asking price for this property is $475,000.
