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Property profile & analytics
OFF-MARKET
Land

0 Tbd Valencia St St Las Vegas, NM 87701

Property ID
Property summary
AI-generated overview

This exceptional 1.2-acre commercial land parcel presents a unique investment opportunity in the heart of Las Vegas, New Mexico's historic Old Town Plaza area. Located at TBD Valencia Street, this property boasts a highly desirable C-2 (Central Business District) zoning classification, complemented by a CH (Cultural Historical) Overlay. The CH overlay designation underscores the property's location within a historically significant area, offering potential for development that respects and enhances the neighborhood's character. This prime location provides excellent visibility and accessibility, making it ideal for a variety of commercial ventures. City utilities, including power and telephone service, are readily available, simplifying the development process. The asking price for this remarkable property is $175,000. The 1.2-acre lot size offers ample space for a substantial development project, while its central location within the Old Town Plaza ensures high foot traffic and strong community engagement. This is a rare chance to acquire a significant piece of land in a vibrant and historically rich area of Las Vegas, New Mexico. The property's address is TBD Valencia Street, Las Vegas, NM 87701. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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