2-3 Grand Ave Las Vegas, NM 87701
- Land
- 1.50 lot acres
Current Use by Public Records
- Land
Property Details for 2-3 Grand Ave
- Lot size
- 1.50 lot acres
- Property type
- Land
Description
This exceptional 1.5-acre commercial land parcel presents a unique investment opportunity in Las Vegas, New Mexico. Located at LOTS 2-3 South Grand Avenue, this property boasts an unparalleled location directly across from the New Mexico Department of Transportation and at the highly visible entrance to I-25 South. The land comprises two contiguous lots totaling 1.5 acres: Lot 2, measuring 0.6203 acres, and Lot 3, encompassing 0.9322 acres. Both lots are being sold together, offering a significant development opportunity. The strategic positioning in front of the Holiday Inn Express ensures high visibility and accessibility for any commercial venture. This prime location benefits from substantial daily traffic flow, making it ideal for a variety of commercial uses. The property's address is LOTS 2-3 South Grand Avenue, Las Vegas, NM 87701, situated in San Miguel County. The asking price for this exceptional commercial land is $790,000. Given its size, location, and high traffic count, this property represents a compelling investment opportunity with significant potential for future growth and return. The coordinates are 35.5880049 latitude and -105.2160298 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- San Miguel
- State
- New Mexico
- Longitude
- -105.216
- Latitude
- 35.588
