Property summary
This exceptional 16,117 square foot commercial land parcel presents a unique investment opportunity in Las Vegas, New Mexico. Located at 1232 8th Street Corner, this property is zoned for commercial use and offers significant potential for development. The asking price is $140,000. The site requires the installation of all necessary utilities, a project that will necessitate collaboration with the City of Las Vegas Development Department to ensure compliance with all building codes and… regulations. This property is ideal for entrepreneurs seeking to establish a new business or for investors looking to capitalize on the growing commercial sector in this vibrant New Mexico city. Situated in San Miguel County, with the address 1232 8th Street Corner, Las Vegas, NM 87701 (35.6018814, -105.2220172), this lot provides ample space for a variety of commercial ventures. The property's location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the community. Prospective buyers should be prepared to undertake the necessary utility connections and obtain all required permits from the city. This is a blank canvas ready for your vision. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving market.
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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