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Rail-Served Industrial Land
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Navarro Dr & NM-304, Belen, NM 87002

I-3 industrial zoning with highway, rail, and adjacent utility access supports intensive industrial development.

Property SizeContact for details
Days on Market113

Property Features for Navarro Dr & NM-304

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE
Listed By: Matthew Butkus
Source: Carnm.resimplifi
Added: May 11 Changed: Aug 28 Last Checked: Aug 30 at 1:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE

Investment Insights

Based on property information with market context.

This industrial land offering is located within the Rio Grande Industrial Rail Park and carries I-3 Heavy Industrial zoning. The site has rail access through the BNSF Transcontinental Line, providing a freight connection for industrial operations. Water and sewer utilities are available adjacent to the park.

Highway access is provided by NM-304, with connectivity to Interstate 25. The property is positioned at Navarro Dr & NM-304, NM 87002, approximately ±40 miles south of Albuquerque and adjacent to Rio Communities and Belen. It is also situated within a Qualified Opportunity Zone.

Key Highlights

  • Rail‑served through the BNSF Transcontinental Line
  • I‑3 Heavy Industrial zoning
  • Direct access to NM‑304 and connectivity to I‑25

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - I-3 industrial zoning with highway, rail, and adjacent utility access supports intensive industrial development.
Where is this industrial land located?
The property is located at Navarro Dr & NM-304 Belen, NM.
What are key features of this property?
This property features: Rail‑served through the BNSF Transcontinental Line; I‑3 Heavy Industrial zoning; Direct access to NM‑304 and connectivity to I‑25
More about this property
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