726 Grand Ave Las Vegas, NM 87701
This exceptional 0.16-acre commercial land parcel presents a remarkable investment opportunity in the vibrant city of Las Vegas, New Mexico. Located at 726 Grand Ave, this property boasts a highly desirable location within San Miguel County, zip code 87701, offering easy access to key transportation routes and local amenities. The land is designated for commercial use, making it ideal for a variety of development projects. With its strategic positioning and significant potential, this property is poised for substantial growth and return. The asking price is $150,000, representing a compelling value for investors seeking to capitalize on the burgeoning commercial real estate market in Las Vegas. The property's relatively small size makes it suitable for a range of commercial ventures, from smaller retail spaces to professional offices or service businesses. Its location within a well-established area ensures high visibility and accessibility for potential customers. This is a rare opportunity to acquire a prime piece of commercial land in a thriving New Mexico community. The coordinates for this property are 35.597679 latitude and -105.213146 longitude. Serious inquiries are encouraged to explore the full potential of this exceptional investment. Don't miss out on this chance to secure a valuable asset in a growing market.
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.