2301 Main St Los Lunas, NM 87031
This exceptional commercial land parcel presents a unique investment opportunity in Los Lunas, New Mexico. Situated on Main St NE, this .42 to .48-acre lot boasts a prime location within an established retail trade area, offering excellent visibility and accessibility. The property is strategically positioned adjacent to high-performing businesses such as Albertson's, Dollar Tree, and Ross. Albertson's, a key anchor tenant, enjoys significant foot traffic, attracting over 1 million annual visitors, ranking it 6th out of 29 similar stores in New Mexico. The property's C-1 zoning allows for a variety of commercial uses, making it ideal for businesses seeking high visibility and convenient access to a large customer base. The location benefits from excellent visibility to both Highway 6 and Lujan Road, ensuring significant exposure to potential customers. Los Lunas itself is experiencing rapid growth, making this a particularly attractive investment in a thriving community. This parcel represents a rare opportunity to establish a presence in a dynamic and successful retail environment. The size of the lot provides flexibility for development, catering to a range of commercial ventures. Don't miss this chance to secure a prominent location in one of New Mexico's fastest-growing communities. The property is located at 2301 Main St NE, Los Lunas, NM 87031, in Valencia County.
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.