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    2301 Main St Los Lunas, NM 87031

    For Sale
    Contact for pricing

    High-traffic retail land, near major stores.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land parcel presents a unique investment opportunity in Los Lunas, New Mexico. Situated on Main St NE, this .42 to .48-acre lot boasts a prime location within an established retail trade area, offering excellent visibility and accessibility. The property is strategically positioned adjacent to high-performing businesses such as Albertson's, Dollar Tree, and Ross. Albertson's, a key anchor tenant, enjoys significant foot traffic, attracting over 1 million annual visitors, ranking it 6th out of 29 similar stores in New Mexico. The property's C-1 zoning allows for a variety of commercial uses, making it ideal for businesses seeking high visibility and convenient access to a large customer base. The location benefits from excellent visibility to both Highway 6 and Lujan Road, ensuring significant exposure to potential customers. Los Lunas itself is experiencing rapid growth, making this a particularly attractive investment in a thriving community. This parcel represents a rare opportunity to establish a presence in a dynamic and successful retail environment. The size of the lot provides flexibility for development, catering to a range of commercial ventures. Don't miss this chance to secure a prominent location in one of New Mexico's fastest-growing communities. The property is located at 2301 Main St NE, Los Lunas, NM 87031, in Valencia County.

    Property Features for 2301 Main St

    General Information

    Property type
    Land
    Lot Size
    18,295 SF

    HighLights

    • Prime pad sites in Los Lunas' established retail trade area.
    • Adjacent to Albertsons, Dollar Tree, and Ross; Albertsons receives over 1 million annual visitors.
    • Excellent visibility from Hwy 6 and Lujan Rd.
    • Located in one of New Mexico's fastest‑growing communities.
    • C‑1 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Lunas
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.70482190949
    Latitude
    34.804870538092

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, near major stores.
    Where is this land located?
    The property is located at 2301 Main St Los Lunas, NM.
    What are key features of this property?
    This property features: Prime pad sites in Los Lunas' established retail trade area.; Adjacent to Albertsons, Dollar Tree, and Ross; Albertsons receives over 1 million annual visitors.; Excellent visibility from Hwy 6 and Lujan Rd.
    Request Owner's contact information
    2301 Main St 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
    2301 Main St Los Lunas, NM 87031
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