0 Duarte Rd Los Lunas, NM 87031
This exceptional 1.99-acre commercial lot in Los Lunas, New Mexico, presents a unique investment opportunity. Located in Valencia County, with the address Duarte Lot 4 and zip code 87031 (APN: 1002038304078000000), this level parcel boasts breathtaking views in virtually every direction. The property is zoned NR and offers easy access despite being an interior lot situated off the road with legal access via Duarte. While public sewer and water are not currently available in the area, electricity is conveniently located nearby. Detailed survey information confirms the lot size as 1.9899908 acres (86,684 square feet) with dimensions of approximately 203.86 feet. This property is only six miles from Los Lunas, making it an ideal location for various commercial ventures. The expansive views and convenient access combine to create a compelling opportunity for development in a rapidly growing area. This is truly a new frontier for land development in this region. The asking price for this remarkable property is $42,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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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.