$500,000
$700K PRICE DROP

412 S Grand Ave Las Vegas, NM 87701

Estimated payment $2,828/month

Total Views 39,275
2.5 Acres
$200,000 Price per Acre
108,900 Sq Ft Lot

About This Lot

Prime Commercial Opportunity with Main Street Exposure. Welcome to a rare and lucrative opportunity for investors and business owners alike! Presenting 2.50 acres of strategically zoned C-3 land boasting an impressive 115 feet of coveted Main Street exposure. C-3 zoning offers a versatile canvas for a wide array of commercial ventures, making it an ideal investment for those seeking flexibility and potential. With nearly 3 acres of land at your disposal, there's ample space for ambitious development projects or expansion plans. Situated in a high-traffic area, surrounded by established businesses and residential communities, this property offers a prime location for attracting clientele and maximizing foot traffic. Don't miss out on the chance to secure your stake in this prime commercial

Listing Agent

Danielle Martinez

Realty One Group Concierge License #REC20250605 Listed on: 05/16/2024

Realty One Group Concierge

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,494

Lot Details

  • 2.5 Acre Lot
  • Partially Fenced Property
  • Wire Fence
  • Gentle Sloping Lot
  • Zoning described as C-3

Utilities

  • Natural Gas Not Available
  • Septic Tank
  • Sewer Not Available
  • Cable TV Available

Community Details

  • Town Of Las Vegas Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 & 8 / L-16
  • Assessor Parcel Number 1095091130515

Property Details

Property Type

Land

Est. Annual Taxes

$1,494

Lot Details

0

Listing Details

  • Property Type: Land
  • Directions: From I25 N exit S Grand Ave property will be on the right side of the street
  • Listing Contract Date: 2024-05-15
  • Lot Size Acres: 2.5
  • Lot Size: 856' N Side & 220' Back
  • Subdivision Name: Town Of Las Vegas
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Unimproved

Exterior Features

  • Fencing: Partial, Wire
  • Lot Features: Acreage, Gentle Sloping
  • Disclosures: RANM 2100 Disclosure

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Not Available, Sewer Not Available, Water Available
  • Water Source: Public
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: Curbs, Gutter(s)

Lot Info

  • Topography: Level,Sloping
  • Number of Lots: 1
  • Current Use: Commercial, Unimproved
  • Lot Size Sq Ft: 108900.0
  • Parcel #: 1095091130515
  • Zoning Description: C-3

Tax Info

  • Tax Annual Amount: 1494.08
  • Tax Block: L-16
  • Tax Lot: 7 & 8
  • Tax Tract: 7 & 8

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $500,000 -41.2% --
05/28/2025 05/28/25 Price Changed $850,000 -5.6% --
06/19/2024 06/19/24 Price Changed $900,000 -25.0% --
05/16/2024 05/16/24 For Sale $1,200,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1063322

Southwest MLS (Greater Albuquerque Association of REALTORS®)
New Mexico San Miguel County Las Vegas 87701

412 S Grand Ave, Las Vegas, NM

This home is located at 412 S Grand Ave, Las Vegas, NM 87701 and is currently priced at $500,000. 412 S Grand Ave is a home located in San Miguel County with nearby schools including West Las Vegas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Danielle Martinez
Listing Agent
Danielle Martinez
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Realty One Group Concierge
(505) 388-0361