Retail Space in Belen,
For Sale
Contact for pricing
19611 NM-314, Belen, NM
Versatile retail space in a strategic Belen location.
Property Size6,500 SF
Lot Size0.73 Acres
Price / SF$169.23
Days on Market501
Property Features for 19611 NM-314
General Information
Standard status
Active
Size
6,500 SF
Lot size
0.73 Acres
Property subtype
RETAIL
Listing Agency:
SVN/Walt Arnold Commercial Brokerage Inc
(505) 269-9358
Listed By:
Walt Arnold · License #9117
(505) 269-9358
Source:
Moodyscre
Added: Mar 17, 2025
Changed: Jul 10
Last Checked: Jul 21 at 7:02AM
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 SVN/Walt Arnold Commercial Brokerage Inc
Investment Insights
Based on property information with market context.
This 6,500 square foot retail space is located in Belen, New Mexico. The property is versatile and functional, making it ideal for specialized purposes. Its strategic location in the Belen area makes it an adaptable asset for an investor.
Key Highlights
- Strategic location in the Belen area
- Versatile and functional space
- Adaptable asset for an investor
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.8k | $13.20 |
| − Vacancy | −$6.4k | −$0.99 |
| EGI | $79.4k | $12.21 |
| − OpEx | −$23.8k | −$3.66 |
| NOI | $55.6k | $8.55 |
6,500 SF · lease $13.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$793.7K
$694.5K – $925.9K
NOI $55,556 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M
NOI $94,084 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
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 - Versatile retail space in a strategic Belen location.
Where is this retail space located?
The property is located at 19611 NM-314 Belen, NM.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Strategic location in the Belen area; Versatile and functional space; Adaptable asset for an investor
