513

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513

Las Vegas, NM 87701
Asking Price
$625K
Asset Type
Traditional Office Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property features 12,126 square feet of total space
  • This mixed-use asset includes traditional office configurations
  • Current asking price for the location is 625000 dollars
  • The building is situated in Las Vegas New Mexico
  • The asset provides versatile usage options for various buyers

What's Special

Las Vegas, New Mexico, serves as a historic commercial hub in the high desert of the American Southwest. This 12,126-square-foot mixed-use property occupies a central position within this regional market. The site features traditional office space, providing a flexible foundation for investors or owner-occupants looking to establish a presence in the local economy. Given the versatile building configuration, the asset is suitable for a variety of professional business operations, retail ventures, or potential residential conversion depending on local municipal allowances. Prospective buyers will find the property well-situated to benefit from the area's ongoing economic activity and accessibility. The building size offers significant utility for diverse commercial applications in a region characterized by its unique architectural history and steady community growth. This listing represents a functional addition to a commercial portfolio in Northern New Mexico.

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NOI
$80,000
Cap Rate
12.80%
DSCR
2.16
Strong
Cash-on-Cash
22.88%
Monthly Payment
$3,092.159
Annual Cash Flow
$42,894.092

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