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Property profile & analytics
OFF-MARKET
Neighborhood centers

1651 Main St Los Lunas, NM 87031

Property ID
US61-1284302
Property summary
AI-generated overview

This exceptional 1,240 square foot retail space is situated on Main Street NW in Los Lunas, New Mexico, a high-traffic thoroughfare in Valencia County. The property offers convenient right-in, right-out, and left-in access, ensuring excellent visibility and accessibility for customers. The space is part of a single-story strip center building, offering a single, contiguous unit. Potential tenants will benefit from prominent pylon signage opportunities, enhancing brand visibility. This location boasts a strong retail environment, surrounded by established national and regional retailers such as Home Depot, Lowe's, T-Mobile, Walmart, and Hibbitt Sports, creating a vibrant and attractive commercial landscape. The property enjoys exceptional access to Interstate 25, providing convenient access for both customers and employees. Furthermore, its proximity to major employers like Meta and Amazon, less than a mile away, guarantees a substantial pool of potential customers. With a daily traffic count of 30,350 vehicles on Main Street, this retail space presents a unique opportunity to establish or expand a business in a thriving commercial area. The available space is 1,240 square feet, offering ample room for a variety of retail uses.

Property profile
Verified
Property type Neighborhood centers
UPID US61-1284302
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kingdom Barbershop Barber Shop
  • Le Salon Hair Salon Nail Salon
  • The Paleta Bar Los Lunas Grocery & Convenience Store Specialty Food Shop
  • T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • Everest Cannabis Co. - Los Lunas (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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