10
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Listed by Berkshire Hathaway HS NM Prope
$195,000
Est. payment /mo
0.72 Acres Lot
New
5099 Highway 314 SW Los Lunas, NM 87031
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Key Details
Property Type Other Types
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1110169
HOA Y/N No
Annual Tax Amount $404
Lot Size 0.720 Acres
Acres 0.72
Lot Dimensions Public Records
Property Sub-Type Improved Land
Property Description
COMMERCIAL CORNER OPPORTUNITY ON HIGHWAY 314 Secure a C-1 corner along the Highway 314 corridor in Los Chavez/Los Lunas. This property offers two street frontages and two access points, creating strong visibility, accessibility and development potential.As residential growth continues throughout Valencia County, commercially zoned sites along established corridors are increasingly important for businesses looking to capture local demand. This location presents an opportunity for an owner-user, developer, investor, or expanding regional/national business to establish a presence in an area that needs additional neighborhood commercial services.the value is in the location, zoning and future potential. C-1 zoning opens the door to multiple commercial possibilities, including retail, convenience, restaurant and professional office uses, subject to applicable approvals. Existing well and septic are on site, although their condition and capacity are unknown and should be independently verified by buyer.PROPERTY CONDITION DISCLOSURE: Property is being marketed primarily for its land and commercial potential. Existing structures are in poor condition and may present safety hazards. Entry is not recommended. Seller and Broker make no representations regarding the condition of structures, well, septic or other improvements. Tear-down/demolition of existing improvements is recommended.
Location
State NM
County Valencia
Area 740 - Los Chavez
Interior
Heating None
Fireplace No
Exterior
Parking Features None
Utilities Available Other
Accessibility None
Building
Story 1
Others
Tax ID 1008034375256000000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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