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Property profile & analytics
OFF-MARKET
Land

1616 Pacific St Las Vegas, NM 87701

Property ID
Property summary
AI-generated overview

This exceptional 12,850.2 square foot lot presents a unique opportunity in Las Vegas, New Mexico. Located at 1616 South Pacific Street, this property boasts a desirable location just one block from the Old Town Plaza, offering easy access to the area's vibrant cultural scene and amenities. The lot is conveniently situated in San Miguel County, with the zip code 87701. City water and sewer services are readily available at the street, and electrical power is conveniently close by. Adding to its appeal, the property is fully fenced, providing privacy and security. This 1/3 acre parcel is ideal for constructing a new home, offering a blank canvas to create your perfect living space. The property's dimensions and location make it an attractive investment for those seeking to build in a historic and charming New Mexico setting. With its convenient utilities and prime location, this lot is ready for immediate development. Don't miss this chance to own a piece of Las Vegas, New Mexico.

Property profile
Verified
Property type Land
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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