Freestanding Retail
411 Highway 314 SW, Los Lunas, NM 87031
For Sale
Contact for pricing
Standalone retail space at a named Highway 314 address in Los Lunas.
Property Size8,000 SF
Price / SF$125
Days on Market102
Property Features for 411 Highway 314 SW
General Information
Standard status
Size
Property subtype
Lease Type
Listing Agency:
Resolut RE Albuquerque
Listed By:
Austin Tidwell · License NM 49789AB
(505) 702-1379
Source:
Crexi
Added: Aug 1
Changed: Nov 8
Last Checked: Nov 10 at 7:02AM
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 Resolut RE Albuquerque
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding retail property provides 8,000 square feet of commercial space. The asset is identified as a storefront property and is positioned for retail use.
The property is located at 411 Highway 314 SW in Los Lunas, New Mexico, providing a clearly identified storefront location along Highway 314.
The property is located at 411 Highway 314 SW in Los Lunas, New Mexico, providing a clearly identified storefront location along Highway 314.
Key Highlights
- 8,000‑square‑foot freestanding retail property
- Storefront configuration for retail use
- Located at 411 Highway 314 SW, Los Lunas, NM 87031
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,476
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,769,520
$1.8M
Cap Rate 7%
$1,263,943
$1.3M
Cap Rate 9%
$983,067
$983.1K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$139.2K $17.40/SF
− Vacancy
−$12.8K −$1.60/SF
EGI
$126.4K $15.80/SF
− OpEx
−$37.9K −$4.74/SF
NOI
$88.5K $11.06/SF
Area
Valencia County, NM
Vacancy
9.20%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,769,520
Cap Rate 7%
$1,263,943
Cap Rate 9%
$983,067
Alternative Uses
Best Use
Retail
$1.26M
$1.11M – $1.47M
NOI $88,476 @ 7.0% cap · market cap 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.64M – $2.19M
NOI $131,443 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
52k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 29%
Speedway
Shops & Services
17,902 visits/mo
0.3 miles
Blake's LotaBurger
Dining
14,943 visits/mo
0.2 miles
Allsups
Shops & Services
8,894 visits/mo
0.4 miles
Family Dollar
Shops & Services
7,689 visits/mo
0.4 miles
FedEx Office Print & Ship Center
Shops & Services
2,787 visits/mo
0.3 miles
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 Retail in West region
Similar Off Market Nearby
- Bloom Flowers & Gifts — 1402 Main St SW, Los Lunas, NM 87031
- CG DISPENSARY — Los Lunas, NM 87031
Frequently Asked Questions
What type of property is this?
Storefront property - Standalone retail space at a named Highway 314 address in Los Lunas.
Where is this storefront property located?
The property is located at 411 Highway 314 SW Los Lunas, NM.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 8,000‑square‑foot freestanding retail property; Storefront configuration for retail use; Located at 411 Highway 314 SW, Los Lunas, NM 87031
