Motel

Las Vegas, NM Motels for Sale

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Rociada, NM Mora, NM Cleveland, NM Holman, NM Tererro, NM
Mixed-Use Hospitality Property
Updated: Feb 1
Mixed-Use Hospitality Property

1133 Grand Ave, Las Vegas, NM 87701

$325,000
1,600 sqft
Built in 1933, two‑story mixed‑use property with front office and restaurant spaces
Front building includes a 2nd‑floor bedroom and bath, plus first‑floor kitchen, larger bathroom suite, and multiple business rooms
Back portion previously operated as a restaurant and includes two separate motel rooms that require upgrades to water, electric, and gas
Rooms in the front building are light‑filled and have access to a yard
Lots of parking on site
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Las Vegas, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Motel
Mixed-Use Property with Motel

1342 S 2nd Street, Raton, NM 87740

$875,000
2.35 AC lot

Multi-component commercial property combines lodging, restaurant, residential, and industrial improvements on one tract.

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Dual-Income Raton Hospitality Asset
Dual-Income Raton Hospitality Asset

1445 S 2nd St, Raton, NM 87740

Contact for pricing
12,104 sqft

Motel and restaurant with owner's apartment in Raton, New Mexico.

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107-Room Best Western Discovery Inn
107-Room Best Western Discovery Inn

200 E Estrella Ave, Tucumcari, NM 88401

Contact for pricing
36,692 sqft

Hotel in Tucumcari, NM, with highway access and stable cashflow.

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Motel 6 Property Along I-40
Motel 6 Property Along I-40

2900 East Tucumcari Boulevard, Tucumcari, NM 88401

Contact for pricing

Branded motel property with 89 guest rooms on a 2.07-acre site in Tucumcari.

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Las Vegas, NM Motels Market Trends and Statistics

Explore 1 motels for sale in Las Vegas, NM on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $325,000.

Sale prices for motels in Las Vegas, NM average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Motels 1

Demographics Overview

Population 19K
Population Growth (5Y) +15.8%
Median Household Income $48,966
College Educated 44.9%

High-Yield Neighborhoods for Investment

Identify Las Vegas submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
87701 $325K

Taxes & Financing

Tax Rate (average for all types) 3.57%
Tax Rate vs County Average 0.08 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Miguel County

New Delisted

Total CRE Inventory on Market (SF)

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