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    Belen, NM
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    Belen, NM Cannabis Properties for Sale

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    Veguita, NM Socorro, NM Los Lunas, NM Bernardo, NM Tome, NM Jarales, NM Bosque, NM Mountainair, NM
    Belen Cannabis Dispensary Investment Property
    Updated: Jun 5, 2024
    Belen Cannabis Dispensary Investment Property

    804 S Main St, Belen, NM 87002

    Contact for pricing
    4,820 sqft 0.50 AC lot
    High 11.3% Cap Rate, generating a $73,684 Net Operating Income (NOI).
    Stable, income‑producing property with a 5‑year lease in place until May 2028, including 3% annual rent increases.
    Single‑tenant property with a thriving cannabis dispensary, expanding to include a smoke lounge which will increase rent.
    Tenant pays all utilities; owner is only responsible for $2,700 in annual taxes.
    Brand‑new build‑out, ensuring a modern and attractive investment.
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    See hot listings in Belen

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Belen, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Office Building with Vehicle Storage
    Office Building with Vehicle Storage

    1100 2nd St, Albuquerque, NM 87102

    $1,000,000
    8,000 sqft

    Office property with flexible interior areas, shower-equipped restrooms, signage, and covered vehicle storage.

    View details
    Cannabis Operation with Water Rights
    Cannabis Operation with Water Rights

    7 Howell Rd W, Estancia, NM 87016

    $985,000
    2,500 sqft 4.00 AC lot

    Well-designed cannabis operation near Albuquerque with indoor and outdoor capabilities.

    View details
    Cannabis Cultivation Facility
    Cannabis Cultivation Facility

    7 W Howell Road, Estancia, NM 87016

    $985,000
    46.88 AC lot

    Configured indoor and outdoor cultivation property with secure fencing, specialized systems, and agricultural zoning.

    View details
    Renovated Cannabis Retail Property
    Renovated Cannabis Retail Property

    629 Amherst Dr NE, Albuquerque, NM 87106

    Contact for pricing
    378 sqft

    MX-L zoning, dedicated parking, building signage, and security improvements support a compact retail operation.

    View details

    Belen, NM Cannabis Properties Market Trends and Statistics

    Explore 1 cannabis properties for sale in Belen, NM on our real estate platform. These investment opportunities span a total of 21,780 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Cannabis Properties 1
    Horse & equestrian properties 1
    Farms 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) -1.5%
    Median Household Income $51,537
    College Educated 25.3%

    Taxes & Financing

    Tax Rate (average for all types) 3.17%
    Property Tax per SF $64.44 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Valencia County

    New Delisted

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