1509 Salazar St Las Vegas, NM 87701
This exceptional 13,068 square foot lot, located at 1509 Salazar Street in Las Vegas, New Mexico, presents a unique opportunity for building your dream home. Situated in San Miguel County, zip code 87701, this 0.3-acre parcel boasts breathtaking views of the town and picturesque western sunsets. The property's convenient in-town location offers easy access to city utilities, simplifying the construction process. Priced affordably at $49,000, this land offers exceptional value for its size and desirable location. The expansive lot provides ample space for a comfortable residence and potential landscaping. Buyers are encouraged to conduct their own due diligence regarding utility access and building permits. Don't miss this chance to own a piece of New Mexico's charm and build your ideal home in a stunning setting. The coordinates for this property are 35.587605 latitude and -105.234088 longitude. This is a remarkable opportunity to create your perfect oasis.
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
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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.