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    Valencia County, NM Cannabis Properties for Sale

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    Albuquerque, NM Santa Fe, NM Las Cruces, NM
    Belen Cannabis Dispensary Investment Property
    Updated: Jun 5, 2024
    Belen Cannabis Dispensary Investment Property

    804 S Main St, Belen, NM 87002

    $649,999
    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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    This listing looks promising.

    Here's a quick look at some key insights for

    804 S Main St, Belen, NM 87002

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $41K
      Annual

    • Price @ 7% Cap

      $589K
      Suggested

    • Property Type

      Single Family Residential
      Built 1997
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    Los Lunas Warehouse For Sale
    Updated: Nov 21, 2025
    Los Lunas Warehouse For Sale

    111 Lujan Rd. SE, Los Lunas, NM 87031

    $1,350,000
    8,200 sqft
    Established cannabis grow and dispensary tenant with 20+ years of experience.
    Tenant has multiple dispensaries and operates in multiple states.
    Enjoy a 6.77% CAP Rate in 2024.
    Benefit from a 7.85% Blended CAP Rate.
    Tenant currently paying sustainable market rate with annual increases.
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Valencia County, NM, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Yermo Land Near Freeway
    Yermo Land Near Freeway

    Ghost Town Road, Yermo, CA 92398

    $1,250,000
    8.14 AC lot

    8.14 acres of land near the 15 Freeway.

    View details
    11.70 Acres Land For Sale
    11.70 Acres Land For Sale

    888 Koala Road, Adelanto, CA 92301

    $340,000
    11.70 AC lot

    Two parcels totaling 11.70 acres with endless opportunities.

    View details
    Weaverville Land with Bonus Improvements
    Weaverville Land with Bonus Improvements

    1931 Bear Creek Rd, Weaverville, CA 96093

    $199,000
    14.01 AC lot

    14+ acre wooded property with utilities and fixer cabin.

    View details
    Secluded Northwoods Forestry Land
    Secluded Northwoods Forestry Land

    17 Short Cut Road, Herbster, WI 54844

    $59,900
    10.00 AC lot

    Ten acres of secluded Northwoods land near Lake Superior.

    View details

    Valencia County, NM Cannabis Properties Market Trends and Statistics

    Explore 2 cannabis properties for sale in Valencia County, NM on our real estate platform. These investment opportunities span a total of 13,020 square feet of properties for sale, with an estimated market value of $1,999,999.

    Sale prices for weed farms in Valencia County, NM start at $649,999, averaging $999,999, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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