111 & 127 Sandoval Road, Los Lunas, NM 87031 (MLS# 1074035)

111 & 127 Sandoval Road, Los Lunas, NM 87031

$925,000

Property Type: Commercial Sale Square Footage: 4,844 Lot Size (sq. ft.): 54,450 Status: Active

Current Price: $925,000 List Date: 11/15/2024 Last Modified: 1/02/2026

Overview

Description

This commercial property offers a prime investment opportunity in the heart of Los Lunas. The listing includes two buildings, totaling 4,844 square feet, currently leased by Optum under a long-term agreement, providing stable, predictable income. The property has been a hub for medical services for decades, which speaks to its ideal setup and reputation for medical practice use. Situated on a spacious 1.25-acre lot, the property includes a large parking area across the street, bringing total parking to over 40 spaces—a rare and valuable asset for any medical or professional facility. This location combines convenience and visibility, meeting the needs of both patients and staff with ease.

Listing Details MLS# 1074035

Contract Information

List Price/SqFt: 190.96

Location

Street #: 111 & 127
Street Name: Sandoval
St Suffix: Road
County: Valencia
City/Town Code: Los Lunas
State/Province: NM
Zip Code: 87031
Directions: From I-25/Los Lunas exit, head east on Main Street, then right on Sandoval Road to property on the right.
MLS Area Major: 700 - Los Lunas
Zone Atlas: EEE9
Freestanding: Yes

General Property Description

Property Sub-Type: Office Building(s)
Living Area: 4844
SqFt Source: Broker
Acres: 1.25
Lot SqFt: 54450
Apx Lot Dim Front: 207.08
Apx Lot Dim Side: 109.5
Lot Size Source: On-Line
Flood Zone: X
Total # Stories: Yes
# Parking Spaces: 40
Docks: No
Disability Access: Yes
HVAC: Yes
% Occupied: 100
Transaction Type: Sale
# of Docks: 0
Door Height: No

Income Expenses

Annual Gross Income: 92003.24

Miscellaneous

Land Ownership: Land Owned

Cooling

Centrally Ducted: Yes
Heat/Cooling Combination: Yes
Refrigerated: Yes

More Information

Sales Info

Seller Assist Ofrd: No
Trade/Xch Considered: No

Tax & Legal Info

UPC Code: 1009038200412000000
Short Legal Desc: See Exhibit A in Documents.
GRT Code: 14-316
Tax Exemption: Unknown
Tax Annual Amount: 10656.1

Construction Materials

Block: Yes
Stucco: Yes

Heating

Heat/Cool Combo (G): Yes
Natural Gas: Yes

Tenant Pays

Liability Insurance: Yes

Income & Expenses

Lease Term/Months: 12

Utilities

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

Features

Private Restrooms: Yes
Public Resrooms: Yes
Security System: Yes

Property Access

E Property Line: Yes

Road Frontage Type

City Street: Yes

Road Surface Type

Paved: Yes

Lease Information

Assumable/Assignable: Yes

Parking

Off Site: Yes
On Site: Yes

Docs/Data Available

Aerial Map: Yes
Deed: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Zoning

C-1: Yes

Property Features

Location: Freestanding; Freestanding Construction Materials: Block; Stucco Property Access: E Property Line Road Frontage Type: City Street Road Surface Type: Paved Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Heat/Cool Combo (G); Natural Gas Cooling: Heat/Cooling Combination; Refrigerated Tenant Pays: Liability Insurance Features: Private Restrooms; Public Resrooms; Security System Lease Information: Assumable/Assignable Parking: Off Site; On Site Finance Considered: Cash; Conventional Zoning: C-1

Documents

Brokerage Compensation Information Sheet ›

Property Tax Information Sheet ›

Form 2100 - Broker Duties Supplemental ›

Tax Levy Disclosure ›

TRID Information Sheet ›

Listing Office: Century 21 Champions

Last Updated: January - 02 - 2026

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