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    540 C 24 Las Vegas, NM 87701

    For Sale
    $200,000

    Las Vegas, NM commercial land opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 40-acre commercial land parcel presents a unique investment opportunity in Las Vegas, New Mexico. Located at 540 C 24, San Miguel County, this expansive property boasts a strategic location within the 87701 zip code, offering significant potential for various commercial ventures. The land's size provides ample space for development, allowing for flexibility in project design and scale. With its substantial acreage, this property is ideal for large-scale commercial projects, potentially including warehousing, logistics centers, light industrial facilities, or other commercial developments. The property's latitude and longitude coordinates are 35.5939574, -105.2238868, allowing for easy location verification and site planning. Given its size and location in Las Vegas, NM, this property represents a compelling investment opportunity for those seeking a significant land holding in a growing area. The asking price for this remarkable property is $200,000. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land offering. This is a rare opportunity to acquire a substantial land parcel in a desirable location, presenting a strong foundation for future commercial development and growth. The property is ready for immediate development, offering a streamlined path to realizing your commercial vision.

    Property Features for 540 C 24

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • 40‑acre commercial land parcel in Las Vegas, NM.
    • Asking price: $200,000.
    • Located in San Miguel County, NM, zip code 87701.
    • Property address: 540 C 24, Las Vegas, NM.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Las Vegas
    County
    San Miguel
    State
    New Mexico
    Longitude
    -105.2238868
    Latitude
    35.5939574

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    FAQs

    What type of property is this?
    Land - Las Vegas, NM commercial land opportunity.
    Where is this land located?
    The property is located at 540 C 24 Las Vegas, NM.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: 40-acre commercial land parcel in Las Vegas, NM.; Asking price: $200,000.; Located in San Miguel County, NM, zip code 87701.
    Request Owner's contact information
    540 C 24 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
    540 C 24 Las Vegas, NM 87701
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