0 Seq Main St & Los Lentes Rd Los Lunas, NM 87031
This exceptional commercial property, located at the intersection of Main Street and Los Lentes Road in Los Lunas, New Mexico, offers a unique blend of retail space and land development potential. The property boasts a substantial 369,323 square feet, encompassing a versatile lot size ranging from 0.16 to 8.48 acres. Its strategic location provides excellent visibility and accessibility, benefiting from high traffic counts exceeding 33,000 vehicles per day (VPD). The "SU" permitted zoning allows for a variety of commercial uses, making it an ideal investment for developers and businesses seeking a prominent presence in a thriving community. The property's central location within the trade area ensures close proximity to residential neighborhoods, providing a strong customer base. Furthermore, the property enjoys full ingress/egress movement and convenient cross-access with the River Pointe Shopping Center, enhancing its overall appeal and accessibility. This presents a rare opportunity to acquire a significant commercial property in a rapidly growing area of Valencia County, New Mexico, with a zip code of 87031. The property's size and location make it suitable for a wide range of retail developments or expansion projects.
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.