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C-1 Zoned Duplex Property
For Sale
$650,000

102-104 Nathan Court, Los Lunas, NM 87031

CommercialSale, Los Lunas, NM

Property Size1,846 SF
Lot Size4.60 Acres
Price / SF$352.11
Days on Market321

Property Features for 102-104 Nathan Court

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-1
Zoning description C1
Bedrooms 4
Full bathrooms 2
Rooms Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2
Directions I25 South towards Los Lunas. Take Exit 215 onto Highway 47. Left on Lujan, right on Nathan to property.
Standard status Active
APN 1 011 038 175 190 000000
Size 1,846 SF
Lot size 4.60 Acres

Taxes and HOA fees

Tax Description Subd Land Of Titus Wingerd Tract 2C2a 4.61 Ac Map 72 2008 Rev B-5-26
Legal Description Subd Land Of Titus Wingerd Tract 2C2a 4.61 Ac Map 72 2008 Rev B-5-26

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 2008
Listing Agency: Real Broker LLC
Listed By: Jeremiah Collins · License #16694
Added: Nov 20, 2025 Changed: Sep 15 Last Checked: Oct 7 at 9:06AM
MLS# 202505161

Copyright © 2026 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,846-square-foot duplex was built in 2008 and includes four bedrooms and two bathrooms. The existing residential structure occupies approximately 4.6 acres and is served by public water and public sewer. C-1 Commercial zoning supports the current duplex configuration, with the source information also identifying office or retail conversion as potential alternatives.

The property is located at 102-104 Nathan Court in Los Lunas, New Mexico. It is bordered by Tractor Brewing and Ribs BBQ, while major retailers, big-box shopping, and restaurants are identified within a half-mile radius. The combination of an existing income-producing residential building, commercial zoning, and substantial land area provides a range of stated development and occupancy options subject to zoning.

Key Highlights

  • Approximately 4.6 acres with a 1,846‑square‑foot duplex
  • C‑1 Commercial zoning
  • Four bedrooms and two bathrooms

Property Analytics

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Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

378
Businesses Nearby

Demographics for 87031, NM

45,208
Population
16,917
Households
2.7
Avg Household Size
37
Median Age
21%
College-Educated
85%
High-School Grad
255.5 sq mi
ZIP Area
177
Density / Sq Mi
$61,947
Median Household Income
$34,167
Median Earnings
$1,083
Median Rent
$206,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Four-bedroom duplex on a substantial commercial-zoned parcel with public water and sewer service.
Where is this duplex located?
The property is located at 102-104 Nathan Court Los Lunas, NM.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 4.6 acres with a 1,846‑square‑foot duplex; C‑1 Commercial zoning; Four bedrooms and two bathrooms
More about this property
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