Freestanding Retail
For Sale
Contact for pricing
411 Highway 314 SW, Los Lunas, NM 87031
Standalone retail space at a named Highway 314 address in Los Lunas.
Property Size8,000 SF
Price / SF$125
Days on Market9
Property Features for 411 Highway 314 SW
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Retail
Lease Type
NNN
Listing Agency:
Resolut RE Albuquerque
(505) 337-0777
Listed By:
Austin Tidwell · License #NM #49789 AB
Source:
Crexi
Added: Aug 1
Changed: Aug 5
Last Checked: Aug 8 at 12:19PM
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
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,376
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,367,520
$1.4M
Cap Rate 7%
$976,800
$976.8K
Cap Rate 9%
$759,733
$759.7K
Market Conditions
NOI Build-Up for 8,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$105.6K $13.20/SF
− Vacancy
−$7.9K −$0.99/SF
EGI
$97.7K $12.21/SF
− OpEx
−$29.3K −$3.66/SF
NOI
$68.4K $8.55/SF
Area
Valencia County, NM
Vacancy
7.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,367,520
Cap Rate 7%
$976,800
Cap Rate 9%
$759,733
Alternative Uses
Best Use
Retail
$976.8K
$854.7K – $1.14M
NOI $68,376 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,795 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
Property 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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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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
