Las Vegas, NM High Cap Rate Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Las Vegas, New Mexico Market population: 591K. Explore income-producing properties with verified cap rates...
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Las Vegas NV Properties: 0.7900%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Las Vegas NV
Common questions from investors exploring commercial real estate in Las Vegas NV.
What is the overall investment potential of Las Vegas, NV, considering its demographic and economic trends?
+
The city's median household income of $51,143, combined with a poverty rate of 15.9% and a health insurance coverage of 84.1%, suggests a relatively stable market with a mix of working-class and middle-class residents. The top industries, including Public Administration and Finance & Insurance, indicate a diverse economy, while the median property value of $163,500 and homeownership rate of 53.2% provide opportunities for real estate investment.
How does the ethnic diversity and commute time in Las Vegas impact the rental market?
+
The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Hispanic populations, contributes to a vibrant cultural scene, which can attract renters. The average commute time of 25.0 minutes, with a high percentage of residents driving alone or working from home, indicates a relatively convenient and flexible transportation system, making it easier for renters to get around the city.
What are the implications of the GINI coefficient and poverty rate on the quality of tenants in Las Vegas?
+
The GINI coefficient of 0.456, which measures income inequality, combined with a poverty rate of 15.9%, suggests that there may be a significant portion of the population struggling financially. However, the health insurance coverage of 84.1% indicates that many residents have access to employment benefits, which can contribute to a more stable tenant base.
How do the top industries in Las Vegas influence the demand for real estate investment?
+
The presence of top industries such as Public Administration, Wholesale Trade, and Finance & Insurance, & Real Estate & Rental & Leasing, drives demand for housing and commercial properties, particularly in areas with easy access to major employment centers. The diversity of industries also contributes to a more resilient economy, making Las Vegas an attractive location for real estate investment.
What is the relationship between the median property value, property taxes, and homeownership rate in Las Vegas, and how does it impact real estate investment?
+
The median property value of $163,500, combined with a median property tax of $114,094, and a homeownership rate of 53.2%, indicates a relatively affordable housing market with a significant portion of owner-occupied properties. This can lead to a more stable housing market, with opportunities for real estate investment in both rental properties and owner-occupied homes, particularly in areas with growing demand and limited supply.
Las Vegas NV Real Estate & City Facts
Key facts and real estate information about Las Vegas NV.
What are some of the best neighborhoods to live in Las Vegas?
+
Some of the best neighborhoods to live in Las Vegas include Summerlin, Green Valley Ranch, MacDonald Ranch, and Anthem. These areas offer a range of amenities, including parks, shopping centers, and restaurants. However, it's worth noting that the best neighborhood for you will depend on your individual preferences and priorities.
What are some fun things to do in Las Vegas?
+
Las Vegas has a wide range of attractions and activities to suit all interests. Some popular things to do include visiting the Fountains of Bellagio, exploring the Red Rock Canyon National Conservation Area, and taking a stroll along the Fremont Street Experience. You can also catch a show, try your luck at one of the many casinos, or take a gondola ride at the Venetian.
What is the food scene like in Las Vegas?
+
The food scene in Las Vegas is incredibly diverse, with a range of cuisines and restaurants to choose from. Some popular spots include Cipriani, Esther's Kitchen, and Ramen Boys. You can also find great food off the strip, with many excellent restaurants in the Downtown and Chinatown areas. There are also plenty of great food trucks and casual eateries to try.
What are the pros and cons of living in Las Vegas?
+
Living in Las Vegas has its pros and cons. On the plus side, the city offers a vibrant entertainment scene, a wide range of job opportunities, and a relatively low cost of living. However, the city can also be quite crowded and noisy, and the summers can be extremely hot. Additionally, the city's reputation for excess and debauchery may not be suitable for everyone. Ultimately, whether or not Las Vegas is a good place to live depends on your individual circumstances and priorities.
Is Las Vegas a good place to live?
+
Whether or not Las Vegas is a good place to live depends on your individual circumstances and priorities. If you enjoy the entertainment and nightlife scene, and don't mind the crowds and noise, then Las Vegas could be a great fit for you. However, if you prefer a more laid-back and quiet lifestyle, you may want to consider other options. It's also worth considering the pros and cons of living in Las Vegas, including the job market, cost of living, and access to amenities and services.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Las Vegas NV Commercial Property: $51,143
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement