1101-1219 Main St Los Lunas, NM 87031
This exceptional 17.854-acre commercial land parcel presents a remarkable mixed-use development opportunity in the thriving Los Lunas, New Mexico market. Located at 1101-1219 Main St. SW, this C-1 zoned property boasts an impressive 803 feet of Main Street frontage, ensuring high visibility and excellent traffic counts. The asking price is $6,000,000, translating to a land value of $7.71 per square foot. Its strategic location offers unparalleled access to key regional assets, including Interstate 25, Albuquerque International Airport, the Facebook Data Center, and Netflix Studios, making it an ideal site for a variety of pad site users. The property sits within a dense and rapidly developing retail corridor, promising strong returns on investment. This prime location in a fast-growing area presents a unique chance to capitalize on the increasing demand for commercial space in Los Lunas. The expansive lot size allows for significant development potential, catering to a wide range of commercial ventures. Don't miss this exceptional opportunity to secure a prominent location in a vibrant and expanding market. The property is situated in Valencia County, New Mexico, zip code 87031.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.