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    111/127 Sandoval Rd Los Lunas, NM 87031

    For Sale
    $925,000

    Prime Medical Office, 5,033 SF, 1.25 Acres

    Property size:
    5,033 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Los Lunas investment opportunity presents two buildings totaling 5,033 square feet situated on a 1.25-acre lot. Currently leased to Optum under a long-term agreement, this property offers stable, predictable income. The property's history as a medical services hub for decades speaks to its ideal layout and established reputation. Conveniently located off I-25, the property boasts excellent visibility and accessibility. Ample parking is a key feature, with over 40 spaces available, including a large parking area directly across the street. This makes it an ideal location for medical or professional practices needing substantial parking for patients and staff. The asking price is $925,000. The property is located at 111/127 Sandoval Road, Los Lunas, NM 87031. This is a rare opportunity to acquire a well-established, income-producing medical office complex in a thriving New Mexico community.

    Property Features for 111/127 Sandoval Rd

    General Information

    Property type
    Medical offices
    Square Feet
    5,033 SF
    Lot Size
    54,450 SF

    HighLights

    • $925,000 asking price.
    • 5,033 square foot office building on a 1.25‑acre lot in Los Lunas, NM.
    • Two buildings currently leased to Optum under a long‑term agreement.
    • Over 40 parking spaces available.
    • Prime location in Los Lunas with high visibility and convenient access from I‑25.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -106.7388261
    Latitude
    34.8088514

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, 5,033 SF, 1.25 Acres
    Where is this medical office located?
    The property is located at 111/127 Sandoval Rd Los Lunas, NM.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: $925,000 asking price.; 5,033 square foot office building on a 1.25-acre lot in Los Lunas, NM.; Two buildings currently leased to Optum under a long-term agreement.
    Request Owner's contact information
    111/127 Sandoval Rd 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
    111/127 Sandoval Rd Los Lunas, NM 87031
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