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    I-40 And Hwy 6 Los Lunas, NM 87031

    Sponsored
    For Sale
    Contact for pricing

    716 Acres, M-1 Zoning, I-40 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 716-acre commercial land parcel presents a unique investment opportunity in Los Lunas, New Mexico. Ideally situated near the intersection of I-40 and Highway 6, this property offers unparalleled accessibility to major transportation routes, connecting businesses to all of New Mexico's regional destinations. Just 15 minutes south of Albuquerque International Sunport and 25 minutes south of the I-25/I-40 interchange, this location provides optimal logistical advantages. The property is zoned M-1/Commercial by the Village of Los Lunas, allowing for a wide range of commercial development possibilities. All utilities are readily available, with water and sewer services provided directly by the Village of Los Lunas. The seller is willing to divide the land to accommodate custom tract sizes and configurations, providing flexibility for various development needs. This expansive acreage presents a rare chance to acquire a strategically located commercial property with significant potential for growth and development in a rapidly expanding area. Contact us today to explore the possibilities.

    Property Features for I-40 And Hwy 6

    General Information

    Property type
    Land
    Lot Size
    31,188,960 SF

    HighLights

    • 716± acres available, divisible tracts.
    • Custom parcel sizes and configurations available.
    • Water and sewer provided by the Village of Los Lunas; all utilities available.
    • Excellent access to I‑25 and NM Hwy 6.
    • 15 minutes south of Albuquerque International Sunport; 25 minutes south of I‑25/I‑40 interchange.
    • M‑1 Commercial zoning (Village of Los Lunas).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Los Lunas
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.5819789
    Latitude
    34.8098989

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    FAQs

    What type of property is this?
    Land - 716 Acres, M-1 Zoning, I-40 Access
    Where is this land located?
    The property is located at I-40 And Hwy 6 Los Lunas, NM.
    What are key features of this property?
    This property features: 716± acres available, divisible tracts.; Custom parcel sizes and configurations available.; Water and sewer provided by the Village of Los Lunas; all utilities available.
    Request Owner's contact information
    I-40 And Hwy 6 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
    I-40 And Hwy 6 Los Lunas, NM 87031
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