Vacant Land-Las Vegas, NM

Vacant Land for Sale
Distressed
Catylist Listing ID: 30035290
Property Subtypes: Hospitality, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage
Gross Land Area: 3.22 - 24.90 Acres
Sale Price: $225,000 - 615,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 9/5/2017

Overview / Comments

Vacant Land located just North of retail intersection on 7th street. Walmart located just to the south. Parcels available separately or together.
Excellent exposure on high traffic commercial artery.
Access from 7th and 8th Streets.
Parcel A - $225,000 ($1.60/SF) - 3.218 Acres
Parcel B* - $390,000 ($0.41/SF) - 21.7 Acres

*Parcel B rezoning from residential in progress

Additional Details

Nearest MSA: Las Vegas
County: San Miguel
Taxing Authority: San Miguel County, NM
Zoning: C-3 (REZONING FROM RESIDENTIAL IN PROGRESS)
Property Located Between: Just north of Walmat, access off 7th and 8th Streets.
Property Visibility: Fair
Legal Description: Parcel A-1 located within the Las Vegas Land Grant in projected Section 10, Township 16 North, Range 16 East, NMPM, within the city of Las Vegas, San Miguel County, New Mexico, as shown on Plat of survey by Winston & Associates, LLC, dated June 16, 2008, Drawing no. 08-066, filed for record in the office of the San Miguel County Clerk, September 24, 2008, in Plat Book 60, page 24, Document no. 1778.
Largest Nearby Street: 7th Street
Zoning Description: Rezoning process underway from residential to C-3 commercial, which would allow widest variety of commercial uses. Sale subject to.
Topography: Level
Easements: Other
Easements Description: Access from 7th Street
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,175 13,355 16,096
Median Age: 39.76 38.49 38.56
Households: 1,689 5,461 6,555
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