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    61 N El Cerro Loop Los Lunas, NM 87031

    For Sale
    $48,000

    LAND - Los Lunas, NM

    Lot size:
    1.00 Acre
    Days on Market:
    65
    Last Refresh:
    Dec 12 at 2:06 pm

    Property Features for 61 N El Cerro Loop

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1011038460050000000
    Lot size
    1.00 Acre

    Coldwell Banker Legacy (505) 857-2328 [email protected]

    Listing agent Marjorie K Martin (505) 301-7215 License #48614

    Listing date Oct 9, 2025

    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 Acre Parcel

    This is a mostly level 1-acre parcel of land located in Los Lunas, New Mexico. A recorded access easement is in place for legal access through the neighboring property, though it has not been established. See the plat in documents for more information. Irrigation may be possible with MRGCD leased water, which would have to be applied for each year in February. There are no utilities currently on the property. An additional 1-acre parcel is also available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Lunas
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.69519
    Latitude
    34.798962

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    FAQs

    What type of property is this?
    Land - One acre of land available in Los Lunas, New Mexico.
    Where is this land located?
    The property is located at 61 N El Cerro Loop Los Lunas, NM.
    What is the asking price?
    The asking price for this property is $48,000.
    What are key features of this property?
    This property features: - Mostly level 1 acre parcel.; - Recorded access easement in place for legal access.; - Irrigation may be possible with MRGCD Leased water.
    (505) 301-7215
    Request Owner's contact information
    61 N El Cerro Loop Los Lunas, NM 87031
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    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
    61 N El Cerro Loop Los Lunas, NM 87031
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