0 Manzano Expy Los Lunas, NM undefined
This exceptional 46-acre property presents a unique investment opportunity in the thriving Los Lunas area. Strategically located near Manzano Expressway and N Rio Del Oro, this land offers unparalleled potential for diverse development projects. The property boasts a flexible zoning plan, with 36 acres designated as Planned Development (PD) for residential construction and 10 acres zoned C-1 for commercial use. This dual-zoning allows for a mixed-use development, catering to a wide range of needs and maximizing investment returns. The asking price is $460,000, and owner financing is available, offering attractive terms for qualified buyers. Utilities are already in place, with power readily accessible on the property. Adding to its appeal, five acres are already fenced, providing a head start for development or immediate use. The property's proximity to local schools further enhances its desirability. This is an exceptional chance to capitalize on the growth of Los Lunas and create a thriving residential or commercial development. The property's APN is 1012034398015000000. Don't miss this chance to shape the future of Los Lunas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.