1802 Main St Los Lunas, NM 87031
- Retail properties
- 43,560 SF
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1802 Main St
- Lot size
- 1.00 lot acres
- Property size
- 43,560 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 1.1-acre commercial pad site, located at 1802 Main St NE, Los Lunas, NM 87031, presents a unique investment opportunity. Situated at the intersection of Main St NE and Edeal Rd, this property boasts a high-visibility location within the thriving Village of Los Lunas. Zoned C-1, it offers versatility for a range of commercial uses, including bank, QSR/fast food, office, and retail developments. The site encompasses 43,560 square feet of land, priced at $13.20 per square foot, or $585,000 per acre, with an asking price of $575,000. All utilities are available, making this a turnkey opportunity for developers and investors. The property is part of a growing area, with plans for additional businesses, including The Coffee Bean, further enhancing its appeal and potential for future growth. This ground lease property is owned by an LLC and is available for purchase. The property's riverfront location adds significant value and desirability. This is an ideal investment for those seeking a high-impact commercial venture in a dynamic and up-and-coming location. The information provided is believed to be reliable but should be independently verified.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Lunas
- County
- Valencia
- State
- New Mexico
- Longitude
- -106.714
- Latitude
- 34.8035
