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    Bernard Ave Belen, NM 87002

    For Sale
    $160,000

    Spacious storage building, great potential!

    Property size:
    2,002 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional Belen, NM property offers a substantial 2,002 square foot storage building, perfect for a variety of uses. The building features two distinct bays, facilitating efficient organization and access to stored goods. A convenient loading dock is included, streamlining the loading and unloading process, significantly improving operational efficiency. Eight individual doors provide ample access points, enhancing flexibility and ease of use. The property sits on a sizable 0.63-acre lot, offering ample space for expansion or future development. Electricity is readily available on-site, ensuring immediate operational readiness. This versatile property presents a compelling investment opportunity, ripe with potential for diverse applications and strong returns. Its strategic location in Belen, NM, combined with its functional design and substantial size, makes it an attractive proposition for discerning investors seeking a high-yield asset. The combination of multiple access points, a loading dock, and ample space makes this an ideal location for various storage and distribution needs. The existing infrastructure minimizes upfront capital expenditures, allowing for a quicker return on investment. Don't miss this chance to acquire a valuable asset in a growing market.

    Property Features for Bernard Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,002 SF
    Lot Size
    27,443 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Belen
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.7699
    Latitude
    34.65486

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious storage building, great potential!
    Where is this commercial real estate located?
    The property is located at Bernard Ave Belen, NM.
    What is the asking price?
    The asking price for this property is $160,000.
    (505) 865-3381
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    Bernard Ave Belen, NM 87002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Bernard Ave Belen, NM 87002
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