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Property profile & analytics
OFF-MARKET
Land

0 Cypress Blvd Los Lunas, NM 87031

24 ac lot
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: 24 acres of build-ready residential land in Los Lunas, New Mexico, are available for $6,825,000. This prime development boasts 105 pre-engineered sites, each with underground utilities (water, sewer, gas, electricity, high-speed internet) already installed. Lot sizes range from approximately 0.14 to 0.25 acres, averaging 53' x 100', exceeding compaction testing for immediate construction. Builders can proceed directly to vertical construction with no dirt removal required. The property's strategic location offers easy access to essential shopping (under 10 minutes), I-25 (10 minutes), Albuquerque International Airport (20 minutes), and I-40 (35 minutes). Nearby schools include Anne Parish Elementary (2 miles), Desert View Elementary (6.5 miles), Valencia Middle School (7 miles), and Valencia High School (7.5 miles). An additional ±76 acres with potential for 600 more lots is also available. This development presents a unique opportunity for immediate construction and significant return on investment. The property is located in Valencia County, New Mexico, with the address listed as Cypress Blvd, Los Lunas, NM 87031.

Property profile
Verified
Property type Land
Lot 24 ac (1,045,440 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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