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    6 And Los Morros Los Lunas, NM 87031

    For Lease
    Contact for pricing

    4.06 Acres, 176,854 SF

    Lot size:
    176,854 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 4.06-acre commercial land parcel presents a significant development opportunity in the thriving Los Lunas, New Mexico market. Located at the northeast intersection of NM 6 and Los Morros Road, this property boasts high visibility and convenient access to major transportation routes. The expansive 176,854 square foot lot is zoned C-1, allowing for a wide range of commercial uses. The single-tenant potential offers flexibility for developers seeking a large-scale project or businesses requiring significant space. With its strategic location and ample size, this property is ideal for a variety of commercial ventures, from retail and office spaces to industrial facilities. The Valencia County location provides access to a growing population and robust local economy. The APN is R214475. This is a rare opportunity to acquire a substantial commercial land holding in a desirable New Mexico location. The property's size and zoning provide significant development potential, making it an attractive investment for both established businesses and forward-thinking developers. The address is NE of NM 6 and Los Morros Road, Los Lunas, NM 87031. This prime location offers excellent visibility and accessibility, ensuring maximum exposure for any commercial enterprise. Serious inquiries are encouraged.

    Property Features for 6 And Los Morros

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    176,854 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    176,854 SF

    HighLights

    • Prime retail location in a high‑growth area.
    • Strong residential growth trajectory.
    • Convenient I‑25 access.
    • Hard corner, signalized intersection.
    • High visibility, multiple access points.
    • Multiple pad site development opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Los Lunas
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.7701452
    Latitude
    34.8171219

    Nearby Comparable

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      Warehouse and Office Space Available

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    Nearby Similar for Lease

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      201,637 SF

      Warehouse and Office Space Available

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    FAQs

    What type of property is this?
    Land - 4.06 Acres, 176,854 SF
    Where is this land located?
    The property is located at 6 And Los Morros Los Lunas, NM.
    What are key features of this property?
    This property features: Prime retail location in a high-growth area.; Strong residential growth trajectory.; Convenient I-25 access.
    Request Owner's contact information
    6 And Los Morros Los Lunas, NM 87031
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    Los Lunas, NM 87031
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    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
    6 And Los Morros Los Lunas, NM 87031
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