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Property profile

2510 Main St Los Lunas, NM 87031

OFF-MARKET
Strip malls
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Property summary

AI-generated overview

This prime retail property, located at 2510 Main St NE in Los Lunas, New Mexico (zip code 87031), offers two available commercial spaces totaling 11,867 square feet. Situated on a 0.422-acre lot in Valencia County, this strip center benefits from a highly visible location at the bustling intersection of Main Street and Highway 47. The property features a minimum divisible space of 4,500 square feet and a maximum contiguous space of 7,367 square feet. Established in the early 1980s, this center boasts strong co-tenancy with traffic-generating businesses such as Smiths, Walgreens, and PetSmart, ensuring high visibility and foot traffic. This presents a unique opportunity for businesses seeking a well-established location in a thriving community. The property is classified as Retail and Land, with a Commercial subtype. This is an excellent opportunity for businesses seeking a prominent location in a busy retail area. The property's central location and established tenant mix make it an attractive investment for a variety of retail uses.

Property profile

Verified
Property type Strip malls

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Restaurant
  • Accounting Firm Tax Preparation
  • Veterinary Clinic
  • Grocery & Convenience Store Specialty Food Shop

Location

2510 Main St Los Lunas, NM 87031
Los Lunas metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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