102-104 Nathan Court, Los Lunas, NM 87031 (MLS# 1094428)

102-104 Nathan Court, Los Lunas, NM 87031

$750,000

Virtual Tour

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Property Type: Commercial Sale Lot Size (sq. ft.): 200,376 Status: Active

Current Price: $750,000 List Date: 11/13/2025 Last Modified: 3/13/2026

Overview

Description

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. 8'' water and sewer line close to, or at property line, 3-Phase power in area. This is a rare opportunity ideal for investors, developers looking to generate income today while planning for tomorrow's expansion.

Listing Details MLS# 1094428

Location

Street #: 102-104
Street Name: Nathan
St Suffix: Court
County: Valencia
City/Town Code: Los Lunas
State/Province: NM
Zip Code: 87031
Directions: I25 South towards Los Lunas. Take Exit 215 onto Highway 47. Left on Lujan, right on Nathan to property.
MLS Area Major: 711 - East Los Lunas/Tome
Zone Atlas: EEE11
Other - See Remarks: Yes

General Property Description

Property Sub-Type: Mixed Use
Acres: 4.6
Lot SqFt: 200376
Apx Lot Dim Front: 429
Apx Lot Dim Side: 546
Lot Size Source: On-Line
Flood Zone: AE
Total # Stories: Yes
Docks: No
Disability Access: Unknown
% Occupied: 50
Transaction Type: Sale
# Parking Spaces: 0
# of Docks: 0
Door Height: No

Miscellaneous

Land Ownership: Land Owned

Cooling

Centrally Ducted: Yes
Evaporative Cooling: Yes

Sales Info

Trade/Xch Considered: No

More Information

Tax & Legal Info

UPC Code: 1011038175190000000
Short Legal Desc: Subd Land Of Titus Wingerd Tract 2C2a 4.61 Ac Map 72 2008 Rev B-5-26
GRT Code: 14-316
Tax Exemption: Unknown
Tax Annual Amount: 1666.02

Heating

Natural Gas: Yes

Income & Expenses

Lease Term/Months: Month to month

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Lease Information

Call List Office: Yes
Other - See Remarks: Yes

Docs/Data Available

Disclosure Statement: Yes

Finance Considered

Cash: Yes
Conventional: Yes
FHA: Yes
Owner Financing: Yes
VA: Yes

Zoning

C-1: Yes

Property Features

Location: Other - See Remarks; Other - See Remarks Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Natural Gas Cooling: Evaporative Cooling Lease Information: Call List Office; Other - See Remarks Finance Considered: Cash; Conventional; FHA; Owner Financing; VA Zoning: C-1

Listing Office: Real Broker, LLC

Last Updated: March - 13 - 2026

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