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    Rociada, NM Mora, NM Holman, NM Tererro, NM Pecos, NM Chacon, NM
    Mixed-Use Hospitality Property
    Updated: Apr 3
    Mixed-Use Hospitality Property

    1133 Grand, Las Vegas, NM 87701

    $340,000
    4,000 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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Las Vegas, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Raton, NM Mixed-Use Opportunity
    Raton, NM Mixed-Use Opportunity

    1342 South 2nd Street, Raton, NM 87740

    $925,000
    2.35 AC lot

    Motel, restaurant, residence, and commercial buildings on 2.35 acres.

    View details
    Restaurant and Motel Opportunity
    Restaurant and Motel Opportunity

    1445 South 2nd Street, Raton, NM 87740

    $1,000,000

    Dual-income hospitality asset with restaurant, motel, and apartment.

    View details
    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.

    View details
    Historic Route 66 Motel
    Historic Route 66 Motel

    1620 E Route 66, Tucumcari, NM 88401

    $650,000

    Route 66 motel with 25 retro-style rooms and coffee shop.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Tulia Commercial Land on I-27
    Tulia Commercial Land on I-27

    1539 Interstate 27/US Highway 87, Tulia, TX 79088

    $360,000
    12.93 AC lot

    12.93 acres of commercial land on I-27 in Tulia, TX.

    View details
    Fairplay Commercial Land on Highway
    Fairplay Commercial Land on Highway

    Us-285 lot: C01, Fairplay, CO 80440

    $1,200,000
    2.88 AC lot

    2.88-acre commercial lot with highway frontage in Fairplay, Colorado.

    View details
    Highway Service Zoned Corner Lot
    Highway Service Zoned Corner Lot

    45 Topo, Willcox, AZ 85643

    $160,000
    1.76 AC lot

    1.75-acre corner lot zoned for highway service in Willcox, AZ.

    View details
    Willcox Commercial Land Opportunity
    Willcox Commercial Land Opportunity

    3.71 acres N Bisbee Avenue, Willcox, AZ 85643

    $150,000
    3.71 AC lot

    3.71-acre commercial parcel zoned H-1 in Willcox, Arizona.

    View details

    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 4,000 square feet of properties for sale, with an estimated market value of $340,000.

    Sale prices for motels in Las Vegas, NM start at $340,000, averaging $340,000, and reaching up to $340,000 — 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%

    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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