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    959 New Mexico 314 Los Lunas, NM 87031

    For Lease
    $2,200 /Mo ($1.55 SF/Yr)

    COMMERCIAL - Los Lunas, NM

    Type:Retail
    Lot size:
    0.39 Acres
    Days on Market:
    165
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 959 New Mexico 314

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    1009038218002000000
    Parking
    10
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.39 Acres

    Utilities

    Heating system
    Forced Air, Central

    Building Details

    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Frame, Stucco

    RE/MAX Gallery (505) 866-2500 [email protected]

    Listing agent Alonzo Baldonado (505) 866-2500 License #16758

    Listing date Jul 3, 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

    Retail Space in Bustling Los Lunas

    This retail space is located in the community of Los Lunas. The property is close to the New Mexico Rail Runner station and a short distance from the new Morris Rd I-25 interchange, which is breaking ground this summer. The space has some partitions, a bathroom with a shower, and a large shower/wet room. The owner is willing to consider credit back for tenant improvements. Current tenants include a pizza restaurant, a health-themed store, a hair salon, and a collectables shop. The property has easy access to New Mexico 314, which carries 9700 vehicles per day. The lot size is 0.39 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Los Lunas
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.738224
    Latitude
    34.797257

    Nearby Similar for Lease

    • $18 SF/Yr
      1,100 SF

      Los Lunas Retail Space For Lease

      Prime Main Street location, 1,100 sq ft.
      1400 Main St, Los Lunas, NM 87031
      View Details
    • Contact for pricing
      201,637 SF

      Warehouse and Office Space Available

      201,637 SF warehouse and office space for lease.
      1300 Desert Willow Rd NW, Los Lunas, NM
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile retail space near Rail Runner station and I-25 interchange.
    Where is this retail space located?
    The property is located at 959 New Mexico 314 Los Lunas, NM.
    What is the lease rate?
    The lease rate is $1.55 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail space in a bustling community.; - Close proximity to the New Mexico Rail Runner station.; - Short distance to the new Morris Rd I-25 interchange.
    (505) 866-2500
    Request Owner's contact information
    959 New Mexico 314 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
    959 New Mexico 314 Los Lunas, NM 87031
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