Property summary
This exceptional commercial property in historic Las Vegas, New Mexico, presents a unique investment opportunity. The Hillcrest Complex, situated on Grand Avenue, the city's main thoroughfare, comprises a main building housing a coffee shop, dining area, and a banquet-capable Flamingo Room. A full basement with exterior access is ideal for deliveries. Attached is the Trading Post Saloon, complete with an outdoor patio. The property also includes a three-bedroom apartment upstairs. A… spacious parking lot connects to the Grand Street Station, perfect for private events. A vacant lot is included, offering potential for expansion. The sale includes a liquor license, usable for special events or as a picnic license, approved by the city. Established in 1949, the Hillcrest Complex offers a proven track record of income generation, with a reported 9% cap rate. Las Vegas, NM, boasts a vibrant community with higher education institutions (Highlands University, Luna Vocational Technical, and United World College), a hospital, and convenient access to I-25, providing easy connections to Santa Fe (approximately one hour away) and the Colorado border (approximately three hours away). This is a rare chance to acquire a well-established, income-producing business in a thriving historic community.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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