Retail Center with Rear
For Sale
$750,000
4723 Highway 314, Los Lunas, NM 87031
CommercialSale, Los Lunas, NM
Property SizeContact for details
Lot Size1.49 Acres
Days on Market60
Property Features for 4723 Highway 314
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C-1
Parking
25
Parking features
Guest
Directions
Go South from Highway 314 and Main St in Los Lunas.
Subdivision
740 - Los Chavez
Standard status
Active
APN
1008034421486000000
Lot size
1.49 Acres
Taxes and HOA fees
Tax Annual Amount
4774
Utilities
Heating system
Natural Gas
Building Details
Floors in Building
1
Building materials
Frame
Listing Agency:
Keller Williams Realty
(505) 271-8200
Listed By:
The Venegas Group
(505) 591-0717
Added: Aug 10
Changed: Oct 1
Last Checked: Oct 8 at 12:06AM
MLS# 1111534
Copyright © 2026 Southwest MLS. 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.
The 1.49-acre property includes a strip retail center with five commercial suites and a 2,281-square-foot mobile home at the rear. The home sits on a separate lot and is leased. Three suites are occupied by Mary’s Kitchen, Ricky’s Bakery, and Ricky’s Pizza Parlor; two suites are vacant. Improvements include a newer roof, commercial septic system, and driveway. The building is frame construction with natural gas heating.
Located along Highway 314 in Los Lunas, the property has rear access for the mobile-home tenant. Guest parking is available.
Located along Highway 314 in Los Lunas, the property has rear access for the mobile-home tenant. Guest parking is available.
Key Highlights
- 1.49‑acre property with a strip retail center and rear residence
- Five commercial suites; two are vacant
- 2,281‑square‑foot mobile home on a separate lot, currently leased
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Allsups
Shops & Services
7,128 visits/mo
0.2 miles
Valero Energy
Shops & Services
5,736 visits/mo
0.2 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five commercial suites share the property with a leased mobile home on a separate lot.
Where is this mixed-use property located?
The property is located at 4723 Highway 314 Los Lunas, NM.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1.49‑acre property with a strip retail center and rear residence; Five commercial suites; two are vacant; 2,281‑square‑foot mobile home on a separate lot, currently leased
