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    613 N Main St Belen, NM 87002

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    For Sale
    $1,675,000

    Retail strip mall on Belen's Main Street. 100% occupied.

    Property size:
    15,610 SF
    Lot size:
    0.20 Acres

    Property Features for 613 N Main St

    General Information

    Size
    15,610 SF
    Lot size
    0.20 Acres

    Source: Coba Investment Company Agent Sonya Sanchez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Strip Mall Investment Opportunity

    This retail strip mall, known as Henry's Shopping Center, is located on North Main Street in Belen, New Mexico, across from the new Circle K. The property is situated approximately 10 minutes from the Facebook data center and 35 minutes from the Albuquerque International Airport. The property has storefront visibility on Belen's Main Street. The property includes approximately 15610 square feet of space on a 1.12+/- acre lot. Located just south of the corner of Aragon and Main St, the seven-unit mall is currently 100% occupied and offers potential for increased rents. Unit 613 and 615 occupy 2160 square feet, unit 617 occupies 3800 square feet, unit 619A occupies 3000 square feet, unit 619B occupies 2750 square feet, and units 621 and 623 each occupy 1950 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Belen
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.775231
    Latitude
    34.6669218

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    FAQs

    What type of property is this?
    Strip mall - Retail strip mall on Belen's Main Street. 100% occupied.
    Where is this strip mall located?
    The property is located at 613 N Main St Belen, NM.
    What is the asking price?
    The asking price for this property is $1,675,000.
    What are key features of this property?
    This property features: - 100% Occupancy: Enjoy immediate income with this fully leased property.; - Value-Add Potential: Increase revenue by adjusting rents to market rates.; - High-Traffic Location: Benefit from exceptional storefront visibility on North Main Street.
    (505) 610-1294
    Request Owner's contact information
    613 N Main St Belen, NM 87002
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    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
    613 N Main St Belen, NM 87002
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