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Property profile & analytics
OFF-MARKET
Land

0 Tbd Valencia St St Las Vegas, NM 87701

1.2 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.2-acre commercial lot presents a unique investment opportunity in the heart of Las Vegas, New Mexico's historic Old Town Plaza area. Located at TBD Valencia Street, 87701, this property boasts a prime location within San Miguel County, offering unparalleled access to the city's vibrant cultural scene and established businesses. Zoned C-2 (Central Business District) with a CH (Cultural Historical) Overlay, this land allows for a variety of commercial developments while respecting the area's rich heritage. The C-2 zoning ensures compatibility with the surrounding commercial landscape, while the CH overlay safeguards the historical character of Old Town Plaza. City utilities, including power and telephone, are readily available, simplifying the development process. The 1.2-acre size provides ample space for a substantial project, making it an ideal canvas for entrepreneurs and developers seeking to establish a presence in this desirable location. This property's strategic location and flexible zoning make it a compelling investment prospect with significant potential for future growth and return. The latitude and longitude coordinates are 35.5922141, -105.2297715. Don't miss this chance to acquire a piece of Las Vegas's rich history and vibrant future.

Property profile
Verified
Property type Land
Lot 1.2 ac (52,272 SF)
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
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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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