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Lot/land
  • $349,900

    1602 Juan Perea Rd, Los Lunas, NM 87031

    --beds
    --baths
    1.15Acres
    Unimproved Land
    Built in ----
    1.15 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    12 days
    74
    1

    Zillow last checked:

    Listing updated:

    Listed by:

    Trung D Doan 505-239-6927,

    Equity New Mexico 505-271-2228

    Source: SWMLS,MLS#: 1110914MLS Logo

      Facts & features

      Property

      Features
      • Fencing: Wire
      Lot
      • Size: 1.15 Acres
      • Features: None, Acreage
      • Topography: Level
      Details
      • Parcel number: 1009037214232
      • Zoning description: A-R

      Utilities & green energy

      • Sewer: None
      • Water: None
      • Utilities for property: None, Sewer Not Available, Water Not Available

      Community & HOA

      Community
      • Subdivision: Lands Of Henry Perea
      Location
      • Region: Los Lunas

      Financial & listing details

      • Annual tax amount: $268
      • Date on market: 9/12/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/13/2026Listed for sale$349,900
        Source: SWMLS #1110914 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 87031

        Getting around

        25 / 100
        Car-Dependent
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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