0 340+/- Apache Mesa Ave Las Vegas, NM 87701
This exceptional 340-acre land parcel presents a unique investment opportunity in the desirable Los Montoyas area of San Miguel County, New Mexico. Located at 340+/- Apache Mesa Avenue, Las Vegas, NM 87701 (35.3905918, -105.185227), this expansive property offers significant potential for various development projects or simply as a substantial land holding. The asking price is $510,000. Given its size and location, this property is ideal for those seeking a large-scale investment in New Mexico's burgeoning real estate market. The property's substantial acreage provides ample room for a wide range of uses, subject to local zoning regulations and permitting. Prospective buyers are encouraged to conduct their own due diligence regarding potential uses and development opportunities. The property's address is clearly defined, and its geographical coordinates are provided for precise location identification. This significant land holding offers a compelling opportunity for investors seeking a substantial land acquisition in a desirable New Mexico location. The property is conveniently located near Las Vegas, NM, offering access to local amenities and services. Further investigation into the property's zoning and potential uses is recommended. This is a rare opportunity to acquire a large tract of land in a growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.