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Mixed-Use Land for Sale in Los Lunas, New Mexico

111 & 127 Sandoval Rd, Los Lunas, NM 87031

$925,000
1.25 acres
Active
Est $7,201/mo

This commercial property offers a prime investment opportunity in the heart of Los Lunas. The listing includes two buildings, totaling 4,844 square feet, currently leased by Optum under a long-term agreement, providing stable, predictable income. The property has been a hub for medical services for decades, which speaks to its ideal setup and reputation for medical practice use. Situated on a spacious 1.25-acre lot, the property includes a large parking area across the street, bringing total parking to over 40 spaces--a rare and valuable asset for any medical or professional facility. This location combines convenience and visibility, meeting the needs of both patients and staff with ease.

Location

Street address
111 & 127 Sandoval Rd
Community
Los Lunas
Elevation
4,859 feet
Coordinates
34.8088, -106.7388

Directions

From I-25/Los Lunas exit, head east on Main Street, then right on Sandoval Road to property on the right.

Property details

Acreage
1.25 acres
MLS #
SWMLS 1074035
Posted

Property taxes

Recent
$10,656 - Subd: Sichler Addition Lot: East 25' of 5 & Lot 6Subd: Sichler Addition Lot: 7Subd: Land of Pete San

Parcels

  • 1009038200412000000

Legal description

Details and features

Listing

Type
Residential
Subtype
Office
Franchise
Century 21 Real Estate

Exterior

Parking Spaces
40
Parking
Offsite

Structure

Stories
1
Heating
Natural Gas
Materials
Block, Stucco

Interior

Security
Security
Accessibility
Accessible Approach With Ramp

Property utilities

CategoryTypeStatusDescription
GasNatural GasAvailable

Listing history

DateEventPriceChangeSource
Nov 19, 2024New listing$925,000SWMLS
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This 1.25-acre property is located at 111 & 127 Sandoval Rd in Los Lunas, NM 87031. The property is available for sale for $925,000 with a price per acre of $740,000.

Checked 1 hour ago — Updated

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