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Street View
$349,900
Monthly Est:$1,742
-- Bed
- -- Bath
1.15acres lot
1602 Juan Perea, Los Lunas, NM 87031
$349,900
$1,742/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
1.15 acres lot
$304,261/acre
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.
- Houzeo last checked: 13 minutes ago
- Listing updated: September 13, 2026 at 3:22 am
- Listing Provided by: Trung D Doan (505) 239-6927 DRE #38917 | Equity New Mexico (505) 271-2228
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1110914

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
1.15 acres lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1110914
MLS Status
Active
Days on Market
51

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
None
Utilities & Energy
Water Source
None
Utilities
None, Sewer Not Available, Water Not Available
Other Features
Lot Features
None, Acreage
Subdivision Name
Lands Of Henry Perea
Disclosures
Ranm2100disclosure
Price History
| Date | Event | Price |
|---|---|---|
09/12/2026 Source: | Listed for Sale | $349,900 $0/sqft |
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Based on information from the Greater Albuquerque Association of REALTORS® (alternatively, from the Southwest MLS) through Nov 04, 2026, 03:00AM. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by The Service. © 2026 Greater Albuquerque Association of REALTORS®. All Rights Reserved.
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