Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    111 Lujan Rd SE Los Lunas, NM 87031

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,350,000

    Stand-alone warehouse in Los Lunas, NM, with established tenant.

    Property size:
    8,200 SF

    Property Features for 111 Lujan Rd SE

    General Information

    Size
    8,200 SF

    Source: Paul Cook Agent Paul Cook

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Lunas Warehouse For Sale

    This stand-alone office/warehouse is located in Los Lunas, New Mexico. The property is occupied by a family-owned cannabis grow and dispensary owner and operator with over 20 years of experience, based in Washington State, with 10 dispensaries in Arizona, and a presence in multiple states. The tenant has 4 years remaining on the lease with annual increases. The property is situated on the east side of Los Lunas, a short drive south from Albuquerque on I-25. The property size is 8200 square feet. The current CAP Rate is 6.77% for 2024, with a blended CAP Rate of 7.85%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Stash Cannabis Store The Grind Baseball/Softball Training ... Sports Club Precision Performance LLC Mechanic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -106.7029813
    Latitude
    34.8035644

    Nearby Similar for Sale

    • $925,000
      1.25 Acres

      Los Lunas Commercial Investment Property

      Two buildings leased to Optum on 1.25 acres.
      111 Sandoval Rd, Los Lunas, NM 87031
      View Details
    • $255,000
      2.55 Acres

      Los Lunas Land with Utilities

      2.55 acre lot with utilities and single-family residence.
      241 El Cerro Lp, Los Lunas, NM 87031
      View Details
    • $650,000
      0.31 Acres

      Retail Property on Corner Lot

      Fully occupied retail property on a corner lot in Los Lunas.
      3378 Hwy, Los Lunas, NM 87031
      View Details
    • Contact for pricing
      0.81 Acres

      Land with Mountain Views

      Land for sale featuring mountain views in Los Lunas.
      Rio Del Oro, Los Lunas, NM 87031
      View Details
    • $1,200,000
      12.62 Acres

      Los Lunas Farmland Opportunity

      12.62 acres of farmland in Los Lunas, New Mexico.
      1235 Highway 314 NW, Los Lunas, NM 87031
      View Details
    • $985,000
      3.04 Acres

      Land in Los Lunas, NM

      3.04 acre land parcel available in Los Lunas, NM.
      Nwc Of Palmilla And Desert Wil, Los Lunas, NM 87031
      View Details

    FAQs

    What type of property is this?
    Warehouse - Stand-alone warehouse in Los Lunas, NM, with established tenant.
    Where is this warehouse located?
    The property is located at 111 Lujan Rd SE Los Lunas, NM.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Established cannabis grow and dispensary tenant with 20+ years of experience.; - Tenant has multiple dispensaries and operates in multiple states.; - Enjoy a 6.77% CAP Rate in 2024.
    (505) 385-4744
    Request Owner's contact information
    111 Lujan Rd SE Los Lunas, NM 87031
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    111 Lujan Rd SE
    Los Lunas, NM 87031
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    111 Lujan Rd SE Los Lunas, NM 87031
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.