Improved Mixed-Use Land for Sale in Los Lunas, New Mexico
102-104 Nathan Ct, Los Lunas, NM 87031
Well-maintained duplex offering solid tenant income and excellent potential for growth! Zoned C-1 Commercial, this property provides flexible opportunities - continue operating it as a multi-family rental or convert it into office or retail space while developing the land. The existing structure sits on approximately 4.61 acres, allowing for future development of any use permitted by zoning. Located in a thriving commercial area, the property is bordered by Tractor Brewing and Ribs BBQ, with major retailers, big-box shopping, and popular restaurants all within a half-mile radius. This is a rare opportunity ideal for investors, developers, or owner-users looking to generate income today while planning for tomorrow's expansion.
Location
- Street address
- 102-104 Nathan Ct
- County
- Valencia County
- Zip code
- 87031
- Elevation
- 4,847 feet
Directions
I25 South towards Los Lunas. Take Exit 215 onto Highway 47. Left on Lujan, right on Nathan to property.
Property details
- Acreage
- 4.6 acres
- Zoning
- C-1
- MLS #
- SFAR 202505161
- Posted
Parcels
- 1 011 038 175 190 000000
Legal description
Subd Land Of Titus Wingerd Tract 2C2a 4.61 Ac Map 72 2008 Rev B-5-26
Details and features
Listing
- Type
- Commercial Sale
Structure
- Water
- Public
- Sewer
- Public Sewer
Interior
- Rooms
- Bathroom x 2, Bedroom x 4
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 17, 2026 | Price drop | $650,000 | $100,000 -13.3% | SWMLS |
| Mar 13, 2026 | Price drop | $750,000 | $25,000 -3.2% | SWMLS |
| Feb 10, 2026 | Price drop | $775,000 | $200,000 -20.5% | SWMLS |
| Nov 13, 2025 | New listing | $975,000 | — | SWMLS |