Commercial Land for Sale in Las Vegas, New Mexico
412 S Grand Ave, Las Vegas, NM 87701
Prime Commercial Opportunity with Main Street Exposure. Welcome to a rare and lucrative opportunity for investors and business owners alike! Presenting 2.5 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 real estate opportunity. Seize the potential, unleash your creativity, and transform this blank canvas into a thriving hub of commerce and community.
Location
- Street address
- 412 S Grand Ave
- County
- San Miguel County
- Elevation
- 6,414 feet
Directions
From I25 N exit S Grand Ave property will be on the right side of the street
Property details
- Acreage
- 2.33 acres
- Zoning
- C-1
- MLS #
- SFAR 202401905
- Posted
Property taxes
- 2023
- $1,494 - SUBD: TOWN OF LAS VEGAS LOT: 7 & 8 BLOCK: L-16 TRACT: 7 & 8 S: 35 T: 16 R: 16
Parcels
- 16140
Legal description
SUBD: TOWN OF LAS VEGAS LOT: 7 & 8 BLOCK: L-16 TRACT: 7 & 8 S: 35 T: 16 R: 16
Details and features
Listing
- Type
- Commercial Sale
Structure
- Water
- Public
- Sewer
- Septic Needed
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Las Vegas | Elementary | — | — |
| Las Vegas | Middle | — | — |
| Las Vegas | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 3, 2025 | Price drop | $500,000 | $350,000 -41.2% | SFAR |
| May 28, 2025 | Price drop | $850,000 | $50,000 -5.6% | SFAR |
| June 19, 2024 | Price drop | $900,000 | $300,000 -25% | SFAR |
| May 17, 2024 | New listing | $1,200,000 | — | SFAR |
