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    Property profile & analytics

    1118 National St Las Vegas, NM 87701

    • Office Properties & Spaces
    • 1 SF
    For Sale
    View listing
    $400,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 1118 National St

    Property size
    1 SF
    Property type
    Office Properties & Spaces

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    San Miguel
    State
    New Mexico
    Longitude
    -105.224
    Latitude
    35.594

    Comparable in this City

    • Value Estimation by Request

      1133 Grand Ave

      Retail properties
      1133 Grand Ave, Las Vegas, NM 87701
      View Details
    • Value Estimation by Request
      1 SF

      6Th St

      Distribution properties • 1 SF
      0 6Th St, Las Vegas, NM 87701
      View Details
    • Value Estimation by Request
      67,862 SF

      250 Mills Ave

      Restaurants • 67,862 SF
      250 Mills Ave, Las Vegas, NM 87701
      View Details
    • Value Estimation by Request
      1 SF

      1116 National St

      Retail properties • 1 SF
      1116 National St, Las Vegas, NM 87701
      View Details
    • Value Estimation by Request

      6th St St

      Individual retail properties
      6th St St, Las Vegas, NM 87701
      View Details
    • Value Estimation by Request
      2.00 Acres

      600 Railroad Ave Ave

      Distribution properties • 2.00 Acres
      600 Railroad Ave Ave, Las Vegas, NM 87701
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $10 SF/Yr
      67,862 SF

      Mills Plaza: Las Vegas Office Space

      High-traffic Las Vegas, NM office suites.
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    • $12 SF/Yr
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      Retail/flex property in Downtown Las Vegas, near Highlands University.
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      Retail space available in Walmart shadow center.
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      Retail space available in Walmart shadow center.
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    • $12 SF/Yr
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      Retail Space Near Walmart

      Retail space available across the street from Walmart Supercenter.
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      8,748 SF

      Las Vegas Retail Space Available

      Retail space for lease in a busy Las Vegas shopping center.
      212-250 Mills Ave, Las Vegas, NM 87701
      View Details
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    1118 National St
    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
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