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Listed by Equity New Mexico
$ 349,900
Est. payment /mo
New
1602 Juan Perea Los Lunas, NM 87031
1.15 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Lands Of Henry Perea
MLS Listing ID 1110914
HOA Y/N No
Annual Tax Amount $268
Lot Size 1.150 Acres
Acres 1.15
Lot Dimensions Public Records
Property Description
1.19 ACRES OF COMMERCIAL LAND | LOS LUNAS, NM | DEVELOPMENT OPPORTUNITYLooking for commercial land in Los Lunas with room to build, invest, or position yourself for future growth?This approximately 1.19-acre commercial parcel offers an opportunity to acquire usable land in an established and growing area of Los Lunas, New Mexico.The real opportunity becomes even more interesting when you look at the property next door.The adjoining 1604 Juan Perea property is also available, creating the potential to acquire both properties as a package. Together, the two properties offer a larger development footprint and give a buyer more control over the site and its future use.At $350,000 for the commercial parcel, this property is suited for buyers looking for commercial land, development land, an investment opportunity, or a location to build a business in Los Lunas.Possible buyers include: Commercial developers Small business owners Investors Contractors Office or professional users Service businesses Retail users Owner-users looking to build Developers looking for additional land Investors interested in assembling adjacent parcelsThe location along the Juan Perea corridor gives this property an important advantage: proximity to existing residential development, commercial activity and the continued growth of the Los Lunas market.There is also an opportunity to explore the purchase of the adjoining 1604 Juan Perea property as a package. That creates a substantially different development proposition than purchasing either property independently.PACKAGE OPPORTUNITY:Commercial Parcel: $350,0001604 Juan Perea: $550,000Combined Asking Price: $900,000For the right buyer, purchasing both properties together provides additional land, greater control over the site and more flexibility when evaluating a larger development concept.This is not a property where the value should be viewed solely by looking at the dirt today. The value is in the location, the surrounding development, the ability to assemble adjacent property and the long-term potential of the Los Lunas market.Bring your development concept and perform your due diligence.Buyer to independently verify zoning, permitted uses, utilities, access, dimensions, development requirements, subdivision potential and all other information with the appropriate governmental agencies.If you have been searching for:'commercial land for sale in Los Lunas''commercial property in Los Lunas NM''1 acre commercial lot Los Lunas''development land Valencia County''commercial development opportunity near Albuquerque'or 'commercial property with additional adjoining land'this property deserves a closer look.
Location
State NM
County Valencia
Area 700 - Los Lunas
Interior
Fireplace No
Exterior
Fence Wire
Utilities Available None, Sewer Not Available, Water Not Available
Water Access Desc None
Present Use Commercial,Other,Unimproved
Building
Lot Description None, Acreage
Sewer None
Water None
Others
Tax ID 1009037214232
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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