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Office and Storage in Las Vegas
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1118 National, Las Vegas, NM 87701

Office with cottage and storage in central Las Vegas.

Property Size1 SF
Price / SF$375,000
Days on Market1213

Property Features for 1118 National

General Information

Standard status Active
Size 1 SF
Property subtype Office
Listing Agency: Duke Realty Group
Listed By: Katharine Duke · License #NM
Source: Crexi
Added: May 5, 2023 Changed: Aug 25 Last Checked: Aug 26 at 1:20AM

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 is located in the heart of Las Vegas, New Mexico, and includes a main building with several offices, ample storage space, and good lighting. A cottage with a kitchen space and bathroom is located in the back. Additionally, there is a large metal building available for extra storage. The property is gated to the street and is near schools, a university, medical facilities, shopping, entertainment, restaurants, and hotels. The property may be suitable for a home health business, law office, or other business. Note that there is an encroachment of boundary lines between 1118 and 1116.

Key Highlights

  • Prime office location in the heart of Las Vegas, NM.
  • Includes a separate cottage with kitchen and bathroom.
  • Features a large metal building for extra storage.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom Storage Facility Garden Center Dental Office

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

892
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
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Frequently Asked Questions

What type of property is this?
Office units - Office with cottage and storage in central Las Vegas.
Where is this office units located?
The property is located at 1118 National Las Vegas, NM.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Prime office location in the heart of Las Vegas, NM.; Includes a separate cottage with kitchen and bathroom.; Features a large metal building for extra storage.
(505) 429-1523 Call to check price and availability
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