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    6 Sec Of I-25 & Hwy Los Lunas, NM 87031

    For Sale
    Contact for pricing

    Prime Los Lunas location, vacant land/building.

    Property size:
    713,512 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property presents a unique investment opportunity in the thriving Los Lunas, New Mexico market. Located at the southeast corner of I-25 and Highway 6 (Main Street), this site boasts unparalleled visibility and accessibility. The property encompasses 12.386 acres and a substantial 713,512 square feet of space, currently vacant, and zoned C-1. This allows for a wide range of development possibilities, from a large-scale retail development to individual pad sites. The property's strategic location within the heart of Los Lunas' retail hub places it amongst established businesses such as Buffalo Wild Wings, Home Depot, Lowe's, Walgreens, Super Walmart, Discount Tire, Jiffy Lube, Sonic, Wendy's, and Chili's. High traffic counts further enhance its appeal, with Highway 6 averaging 26,400 vehicles per day and I-25 boasting 28,000 vehicles per day. Pricing is flexible, with pad sites available at $14 per square foot and bulk land sales at $6 per square foot. This property offers significant potential for substantial returns in a rapidly growing area. The property is classified as Retail and Land, suitable for a Grocery Store or other Commercial uses. The property is located in Valencia County, New Mexico, zip code 87031.

    Property Features for 6 Sec Of I-25 & Hwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    713,512 SF
    Lot Size
    539,534 SF

    HighLights

    • Prime I‑25 frontage in Los Lunas, NM.
    • Strategically located in Los Lunas' retail core, near major retailers including Home Depot, Lowe's, and Walmart.
    • High traffic counts: Highway 6 (26,400 VPD), I‑25 (28,000 VPD).
    • Pad sites available at $14/SF; bulk land at $6/SF.
    • 12.386‑acre site (713,512 SF), C‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Los Lunas
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.7832177
    Latitude
    34.7633696

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    FAQs

    What type of property is this?
    Individual retail property - Prime Los Lunas location, vacant land/building.
    Where is this individual retail property located?
    The property is located at 6 Sec Of I-25 & Hwy Los Lunas, NM.
    What are key features of this property?
    This property features: Prime I-25 frontage in Los Lunas, NM.; Strategically located in Los Lunas' retail core, near major retailers including Home Depot, Lowe's, and Walmart.; High traffic counts: Highway 6 (26,400 VPD), I-25 (28,000 VPD).
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    6 Sec Of I-25 & Hwy 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 Sec Of I-25 & Hwy Los Lunas, NM 87031
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