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Prime Land Parcel Near I-25
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LOTS 2-3 South Grand Avenue, Las Vegas, NM 87701

Two lots totaling 1.55 acres near I-25 entrance.

Property SizeContact for details
Lot Size1.55 Acres
Days on Market755

Property Features for LOTS 2-3 South Grand Avenue

General Information

Standard status Active
Lot size 1.55 Acres
Property subtype Land
Zoning C-3
Listing Agency: Duke Realty Group
Listed By: Katharine Duke · License #NM
Source: Crexi
Added: Jul 18, 2024 Changed: Aug 11 Last Checked: Aug 11 at 9:55AM

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 offering includes two adjacent lots, identified as Lot 2 and Lot 3, to be sold together. Lot 2 encompasses 0.6203 acres, while Lot 3 comprises 0.9322 acres, resulting in a combined area of 1.5525 acres. The parcel is positioned in front of the Holiday Inn Express and directly at the entrance to I-25 South in Las Vegas, New Mexico. The Department of Transportation is located across Grand Avenue. This location is suitable for development.

Key Highlights

  • Prime location at the entrance to I‑25 South and in front of Holiday Inn Express.
  • Two lots totaling 1.5525 acres sold together.
  • Great location for development.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store HVAC Service Dental Office Building Supply Kitchen & Bath Showroom

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

655
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 - Two lots totaling 1.55 acres near I-25 entrance.
Where is this commercial land located?
The property is located at LOTS 2-3 South Grand Avenue Las Vegas, NM.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime location at the entrance to I‑25 South and in front of Holiday Inn Express.; Two lots totaling 1.5525 acres sold together.; Great location for development.
(505) 429-1523 Call to check price and availability
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