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    102-104 Nathan Ct Los Lunas, NM 87031

    For Sale
    $975,000

    MULTI_FAMILY - Los Lunas, NM

    Property size:
    1,846 SF
    Lot size:
    4.61 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 102-104 Nathan Ct

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    1
    APN
    1 011 038 175 190 000000
    Size
    1,846 SF
    Lot size
    4.61 Acres

    Utilities

    Heating system
    Central, Forced Air

    Building Details

    Year built
    2008
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl, Carpet

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Jeremiah D. Collins (505) 898-2700 License #16694

    Listing date Nov 20, 2025

    MLS# 1094429 Listing URL

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Lunas Multifamily Development Opportunity

    This well-maintained duplex in Los Lunas, NM, offers a solid tenant income stream and excellent potential for growth. Zoned C-1 Commercial, the property provides flexible opportunities to continue operating it as a multi-family rental or convert it into office or retail space while developing the land. The existing structure is situated on approximately 4.61 acres, allowing for future development of any use permitted by zoning. Located in a thriving commercial area, the property is bordered by Tractor Brewing and Ribs BBQ, with major retailers, big-box shopping, and popular restaurants all within a half-mile radius. The property has an 8'' water and sewer line close to, or at the property line, and 3-Phase power in the area. The property size is 1846 square feet. This is a rare opportunity ideal for investors and developers looking to generate income today while planning for tomorrow's expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Los Lunas
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.704594
    Latitude
    34.802762

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    FAQs

    What type of property is this?
    Duplex - Income-generating duplex with commercial zoning and development potential.
    Where is this duplex located?
    The property is located at 102-104 Nathan Ct Los Lunas, NM.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Zoned C-1 Commercial: Offers flexible opportunities.; - Large 4.61-Acre Lot: Allows for significant future development potential.; - High-Traffic Commercial Location: Situated in a thriving area near Tractor Brewing, Ribs BBQ, major retailers, and popular restaurants.
    (505) 898-2700
    Request Owner's contact information
    102-104 Nathan Ct Los Lunas, NM 87031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102-104 Nathan Ct Los Lunas, NM 87031
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