Retail Center with Pad
For Lease
$1,681/Mo
162 Caldwell Avenue, Belen, NM 87002
COMMERCIAL - Belen, NM
Space Size1,681 SF - 8,300 SF
Lot Size4.12 Acres
Days on Market205
Property Features for 162 Caldwell Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning description
SU
Parking
180
Security features
Security
Pets allowed
Yes
Interior features
HandicapAccess
Accessibility
Accessible Approach with Ramp
Directions
South I-25 to Las Cruces, Exit 195, go 4.6 miles, turn left on Reinken Ave , go 0.9 miles, turn left on Jarales Rd, turn left on Caldwell.
Subdivision
710 - Bosque/Peralta
Standard status
Active
APN
1011041390484000000
Lot size
4.12 Acres
Taxes and HOA fees
Tax Annual Amount
9979
Utilities
Heating system
Central
Building Details
Floors in Building
1
Flooring type
Carpet
Building materials
Block, Frame
Listing Agency:
Keller Williams Realty
(505) 271-8200
Listed By:
The Venegas Group · License #.
(505) 591-0717
Added: Jan 19
Changed: Aug 4
Last Checked: Aug 12 at 8:06PM
MLS# 1097527
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A retail center offering both existing retail with tenant improvement options and designated pad sites for ground lease or build-to-suit, subject to owner approval. Retail space is available in sizes ranging from 1,681 to 8,300 square feet, while pad sites are offered from 0.5 to 1.2 acres. An optional tenant improvement allowance is also noted as part of the offering.
The property is located at 162 Caldwell Avenue in Belen, NM, in Valencia County. Public remarks indicate approximately 16,000 vehicles per day.
Zoning is listed as SU (multiple). The overall lot area is stated as 4.12 acres.
The property is located at 162 Caldwell Avenue in Belen, NM, in Valencia County. Public remarks indicate approximately 16,000 vehicles per day.
Zoning is listed as SU (multiple). The overall lot area is stated as 4.12 acres.
Key Highlights
- Retail space available ranging from 1,681–8,300 SF
- Retail pad sites available for ground lease or build to suit: 0.5–1.2 acres
- Up to 16,000 vehicles per day
Property Analytics
Property Profile
Current Use
Lease Details
16,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
Explore this area
Business Placement
Demographics for 87002, NM
21,225
Population
9,210
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
84%
High-School Grad
598.3 sq mi
ZIP Area
35
Density / Sq Mi
$51,537
Median Household Income
$30,896
Median Earnings
$859
Median Rent
$183,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail space with tenant improvements plus pad sites for ground lease or build-to-suit, near traffic of about 16,000 vehicles daily.
Where is this retail space located?
The property is located at 162 Caldwell Avenue Belen, NM.
What is the lease rate?
The lease rate is $1,681/Mo.
What are key features of this property?
This property features: Retail space available ranging from 1,681–8,300 SF; Retail pad sites available for ground lease or build to suit: 0.5–1.2 acres; Up to 16,000 vehicles per day
