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Remodeled Live-Work Property
For Sale
$575,000

11 El Cerro Road, Los Lunas, NM 87031

Commercial zoning supports a residence with a separate casita, equestrian improvements, and substantial vehicle and equipment storage.

Property SizeContact for details
Days on Market13

Property Features for 11 El Cerro Road

General Information

Standard status Active

Amenities

RV hookups
storage space
barn
hay barn
horse stalls
corrals
arena area

Building Details

Year Renovated 2023
Listing Agency: Real Broker, LLC
Listed By: The Rojas Team · License #00237674
Source: Dukecityrealty
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 28 at 11:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC

Investment Insights

Based on property information with market context.

Remodeled in 2023, this live-work property combines a 4-bedroom, 3-bath main residence with a separate casita that includes a 3/4 bath and garage. The home features two primary suites, including an upstairs suite with a freestanding tub, walk-in closet, and dual-sink tile shower, along with a downstairs suite. The kitchen is equipped with granite countertops, a large island, a walk-in pantry, and updated appliances.

The commercial-zoned property includes full RV hookups, extensive storage for equipment and vehicles, a barn, hay barn, horse stalls, corrals, and an arena area. The combination of residential space, a separate casita, and agricultural improvements supports a range of live-work and equestrian-oriented operations.

Key Highlights

  • Commercial‑zoned live‑work property remodeled in 2023
  • 4‑bedroom, 3‑bath main residence with two primary suites
  • Separate casita includes a 3/4 bath and garage

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Law Firm Building Supply Dental Office Storage Facility Kitchen & Bath Showroom Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

318
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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Commercial zoning supports a residence with a separate casita, equestrian improvements, and substantial vehicle and equipment storage.
Where is this live-work space located?
The property is located at 11 El Cerro Road Los Lunas, NM.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Commercial‑zoned live‑work property remodeled in 2023; 4‑bedroom, 3‑bath main residence with two primary suites; Separate casita includes a 3/4 bath and garage
More about this property
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