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1008-1012 Mills W Las Vegas, NM $ 1,175,000
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$ 1,175,000 Get more info
1008-1012 Mills W
$ 1,175,000
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1008-1012 Mills W

Las Vegas, NM, 87701
$ 1,175,000
Baths0.0 Sq 12,925

Monthly Estimate*

$ 7,809

1008-1012 Mills W, Las Vegas, NM 87701 - Image 1
Studio

Commercial Property for sale in Las Vegas, NM

for $1,175,000. This 12,925 square foot building was built in 2004 on a lot size of 0.93.

Mills Plaza Shopping Center in Las Vegas, New Mexico. Excellent investment for someone looking to hold a property with 3 long term tenants including the anchor tenant of Dollar General. The center is in very good condition and well maintained. Las Vegas is a growing economy in Northern New Mexico with a strong demand for retail/office tenants. Very nice center for an investor. Leases are NNN to the owner.

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Commercial Active

Price

$ 1,175,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.93

Year Built

2004

Town/City

Las Vegas

County/Region

San Miguel

MLS | Web ID

202200713
Features
General
Sewer PublicSewer
Heating NaturalGas
Utilities HighSpeedInternetAvailable ElectricityAvailable
Possession ClosingFunding
Roof Flat
Construction Materials Block
Year Built 2004
Tenant Pays Electricity Gas Internet Other SeeRemarks Sewer TrashCollection Water
Property SubType Retail
Business Type Commercial Retail
County San Miguel
Property Type CommercialSale
Possible Use Commercial Retail
Building Features PublicRestrooms PavedYard
Status Active
Directions Take exit 343 toward NM-283/I-25 BUS/NM-329/Las Vegas 0.4 mi. Take New Mexico Ave to Mills Ave.
City Las Vegas
Lot Size Square Feet 40511.0
Street Name Mills
Listing Terms Cash Conventional
Land Lease Y/N No
MLS Area Minor 28-San Miguel Cnty
Lease Considered Y/N No
Days on Market 629
Lease Type Net
Standard Status Active
Property Sub Type Additional Retail
Cap Rate 8.5
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Interior
Flooring Carpet Tile
Basement (Y/N) No
Heating Y/N Yes
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Exterior
Parking Features ParkingLot
Water Source Public
Lot Size Area 0.93
Building Area Total 12925.0
Lot Size Acres 0.93
Lot Size Units Acres
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Internal Only
Street Number 1 1008
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* Excluded Features
List By
Phillip Varela

Listing Agent

Varela Real Estate, Inc.

Broker

phillip@varelarealestate.com

Email

Affordability Calculator

$7,809
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,809
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
831258 Elementary School
830993 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/28/2023$1,175,000 -15.93% Price Down
3/9/2022$1,397,700 Listed Price

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1008-1012 Mills W, Las Vegas, NM, 87701 is a Commercial Property for sale at $1,175,000 with 12,925 sqft and a lot size of 0.93. 1008-1012 Mills W is a studio with 0.0 baths and was built in 2004. The property's zip code is 87701 which is in Las Vegas, NM

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