10 months on rocket

3250 N Grand Ave, Las Vegas, NM, 87701

$1,450,000

10.23 Acres
Land

Location

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Property Highlights

Home TypeBusiness
WaterfrontOther, See Remarks
MLS #202400130
Lot Size10.23 Acres
StatusActive

About 3250 N Grand Ave

Excellent high-traffic volume location in Las Vegas New Mexico! Located near a new Maverick store, this is a ideal property that has tremendous income potential. Commercially zoned. Currently, this parcel is a little over 10 acres, and can be subdivided or sold in it's entirety. Property also borders the 1-25 Interstate, directly off exit 347. Visibility is high, directly off the interstate. This north-south interstate is the longest in New Mexico at over 462 miles in length, and it is also the busiest by sheer numbers. The “Big I” interchange where I-25 and I-40 intersect in northeast Albuquerque can accommodate more than 300,000 vehicles a day, easily making the Big I the largest highway interchange in the state which includes going through the Las Vegas area. The areas near Las Vegas, off I-25 offer unique scenery. Heading north on I-25, to Raton, the Ratón Pass at a nearly 8,000-foot elevation in northern New Mexico delivers stunning views which attract high volumes of traffic. Las Vegas has numerous landmarks,, legends and lore. It highlights New Mexico’s favorite and best preserved outdoor architectural museums. There are five MainStreet historic districts with more than 900 buildings listed on the National Registry of Historic Places. Las Vegas is also home to Highlands University and the United World College. Again, this property location is prime for future development and growth.

Property Details

Property Features

Listing Office:

  • Office Name: Sotheby's Int. RE/Grant
  • Office Phone: (505) 988-2533
  • Listing Agent: David Cordova

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Waterfront: Other, See Remarks
  • Exterior: None

Lot Features

Lot Information:

  • Lot: Corner Lot, Cul-De-Sac
  • Lot Size: 10.23 Acres

Other

Directions Information:

  • Directions: From Santa Fe, Follow I-25 N to I-25BL in San Miguel County. Take exit 347 from I-25 N 53 min (64.0 mi). Turn left onto I-25

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
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Housing Market Comparison

See how this home compares to others in Las Vegas, NM.

Med. Sold Price

$215K

Med. Price/SqFt

$154

Avg. Days On Market

28

# of Sold Homes

1

3250 N Grand Ave vs Las Vegas

320 DAYS ON ROCKET

+292 Days

$1,450,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price in Las Vegas, NM.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SFAOR
  • MLS Number: #202400130

Listing Office:

  • Office Name: Sotheby's Int. RE/Grant
  • Office Phone: (505) 988-2533
  • Listing Agent: David Cordova

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2024 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4502725
4
/10
  • Los Ninos Elementary School

  • 474 Legion Dr

  • 0.60 miles

  • Public District Grades KG-3

school-card-donut-4502726
4
/10
  • Don Cecilio Martinez Elementary School

  • 412 Santa Fe St

  • 2.46 miles

  • Public District Grades 2-3

school-card-donut-4502727
7
/10
  • Tony Serna Jr. Elementary School

  • 1725 New Mexico Ave

  • 2.63 miles

  • Public District Grades 4-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,061. Residents of Las Vegas, NM typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3250 N Grand Ave

What is the listing price of this property?

The listing price of 3250 N Grand Ave property is $1,450,000.

What type of property is this?

The property 3250 N Grand Ave is land located in Las Vegas, New Mexico, 87701.

Is this property for sale now?

Active Listing: 3250 N Grand Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 3250 N Grand Ave is 10.23 acres.
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Rocket HomesNew MexicoSan Miguel CountyLas Vegas877013250 N Grand Ave

This home is located at 3250 N Grand Ave in Las Vegas, NM and zip code 87701. This home sits on a 10.23 acre lot. It has been listed on Rocket Homes since February 01, 2024 and is currently priced at $1,450,000.

In November 2024 more than 0 listings in Las Vegas, NM were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The number of listings in Las Vegas, NM decreased by 18.2% between October 2024 and November 2024. Listings spent 28 days on the market in November 2024, and had a median list price of $215,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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