Search
Commercial Land with Main Street Exposure
For Sale
$500,000

412 S Grand Avenue, Las Vegas, NM 87701

COMMERCIAL - Las Vegas, NM

Property SizeContact for details
Lot Size2.33 Acres
Days on Market51

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 Last Checked: Aug 4 at 1:06PM
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 offering totals 2.33 acres and is positioned for businesses that want street visibility and development flexibility. The site provides approximately 115 feet of Main Street exposure, giving prospective customers a clear line of sight to future storefronts or commercial improvements. Zoning is listed as C-1, supporting a range of commercial uses subject to local requirements.

The property is located at 412 S Grand Avenue in Las Vegas, New Mexico (San Miguel County). It is described in the listing as being surrounded by established businesses and residential communities, which can help support a broad mix of day-to-day customer traffic depending on the tenant concept.

For buyers and operators looking for a build-to-suit or ground-up development parcel, the combination of acreage, C-1 zoning, and Main Street frontage creates a practical platform for planning a retail or service-oriented project. With the site’s frontage as a key attribute, it is well-suited for concepts that benefit from consistent public visibility along the main commercial corridor. Interested parties should review C-1 zoning requirements and development standards directly with the local jurisdiction for final use, site plan, and improvement approvals.

Key Highlights

  • 2.50 acres of C‑3 zoned commercial land
  • 115 feet of Main Street exposure
  • Public water available

Property Analytics

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

427
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
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?
Commercial land - C-1 zoned land on Grand Avenue with substantial frontage for flexible commercial development in Las Vegas, NM.
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: 2.50 acres of C‑3 zoned commercial land; 115 feet of Main Street exposure; Public water available
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message