Address
1602 Juan Perea, Los Lunas, NM
Price
$ 349,900
Property Attributes
- MLS#1110914
- TypeLand
- Listing Status Active
- CountyValencia
- CityLos Lunas
- AreaLos Lunas
- Zip87031
- Style
- Taxes$ 268
- Price$ 349,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.15 Acres
Data Source:
Southwest MLS (SWMLS)
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.
| Price History | |
|---|---|
| 9/13/2026 | Listed $349,900 |
General Features
| Sewer | None |
|---|---|
| Utilities | None,Sewer Not Available,Water Not Available |
| Possession | Closing & Funding |
| Topography | Level |
| Township | N/A |
| Current Use | Commercial,Other,Unimproved |
| County | Valencia |
| Property Type | Land |
| Subdivision Name | Lands Of Henry Perea |
| Possible Use | Commercial,Other,Unimproved |
| Status | Active |
| Directions | Southwest on I-25 S Take exit 203 for NM-6 toward Los Lunas 0.2 mi Turn left onto NM-6 East Main St NW Turn right onto NM-314 West Hwy 314 SW Turn left onto Morris Rd 249 ft Turn left onto Juan Perea Rd. |
| ModificationTimestamp | 2026-09-13T03:22:00.740-00:00 |
| City | Los Lunas |
| Disclosures | RANM 2100 Disclosure |
| Zoning Description | A-R |
| MLS Area | 700 - Los Lunas |
| Lot Size Square Feet | 50094 |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 268.12 |
| Standard Status | Active |
| Tax Lot | N/A |
| PostalCity | Los Lunas |
Exterior Features
| Fencing | Wire |
|---|---|
| Lot Features | None,Acreage |
| Water Source | None |
| Lot Size Acres | 1.15 |
| Lot Size Source | Public Records |
| Number of Lots | 1 |
| LotDimensionsSource | Public Records |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 87031
Price
Taxes
IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Equity New Mexico Real Estate. Data last updated: September 23, 2026 12:32 AM UTC
Santa Fe Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
