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Property profile

6 Sec Of I-25 & Hwy Los Lunas, NM 87031

OFF-MARKET
Retail properties & Spaces
713,512 SF 12.39 ac lot
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Property summary

AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the thriving Los Lunas, New Mexico market. Located at the southeast corner of I-25 and Highway 6 (Main Street), this site boasts unparalleled visibility and accessibility. The property encompasses 12.386 acres and a substantial 713,512 square feet of space, currently vacant, and zoned C-1. This allows for a wide range of development possibilities, from a large-scale retail development to individual pad sites. The property's strategic location within the heart of Los Lunas' retail hub places it amongst established businesses such as Buffalo Wild Wings, Home Depot, Lowe's, Walgreens, Super Walmart, Discount Tire, Jiffy Lube, Sonic, Wendy's, and Chili's. High traffic counts further enhance its appeal, with Highway 6 averaging 26,400 vehicles per day and I-25 boasting 28,000 vehicles per day. Pricing is flexible, with pad sites available at $14 per square foot and bulk land sales at $6 per square foot. This property offers significant potential for substantial returns in a rapidly growing area. The property is classified as Retail and Land, suitable for a Grocery Store or other Commercial uses. The property is located in Valencia County, New Mexico, zip code 87031.

Property profile

Verified
Property type Retail properties & Spaces
Total area 713,512 SF
Lot 12.39 ac (539,534 SF)

Cap rate & NOI

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

Location

6 Sec Of I-25 & Hwy 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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