Prime .44 Acres Value Add Ready to Build including approved building permits in the Heart of Los Lunas. Situated in a high-traffic area with 23,755 VPD on State Hwy 47/Ralliere Rd shadow anchored by Smith's Grocery, this property benefits from a 5-mile population of 40,896 and an average household income of $84,694. Zoned C-1 with a Special Use Permit for multi-family, the site has approved plans for an 8-unit apartment complex, 18 parking spots, and a 2.23/1,000 SF parking ratio. The gated lot offers ingress and egress from both the north and south property lines and features 3-phase utilities, water, and sewer lines on the street.