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    Rociada, NM Mora, NM Cleveland, NM Holman, NM Tererro, NM Pecos, NM Chacon, NM San Jose, 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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Two-Story 31-Room Motel
    Two-Story 31-Room Motel

    1001 Central Ave NE, Albuquerque, NM 87106

    $3,000,000
    14,560 sqft

    Historic Route 66 motel with freeway ramp access, MX-M zoning, and a manager’s residence.

    View details
    Mixed-Use Property with Motel
    Mixed-Use Property with Motel

    1342 S 2nd Street, Raton, NM 87740

    $925,000
    2.35 AC lot

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

    View details
    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.

    View details
    Days Inn Albuquerque For Sale
    Days Inn Albuquerque For Sale

    1520 Candelaria Rd NE, Albuquerque, NM 87107

    Contact for pricing
    16,956 sqft

    46-unit Days Inn in Albuquerque, New Mexico for sale.

    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 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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    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Miguel County

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