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 Market593
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) 256-7573
Listed By:
Walt Arnold · License #9117
(505) 269-9358
Source:
Moodyscre
Added: Mar 17, 2025
Changed: Oct 25
Last Checked: Oct 28 at 12:11PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$55,556
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,111,120
$1.1M
Cap Rate 7%
$793,657
$793.7K
Cap Rate 9%
$617,289
$617.3K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$85.8K $13.20/SF
− Vacancy
−$6.4K −$0.99/SF
EGI
$79.4K $12.21/SF
− OpEx
−$23.8K −$3.66/SF
NOI
$55.6K $8.55/SF
Area
Valencia County, NM
Vacancy
7.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,111,120
Cap Rate 7%
$793,657
Cap Rate 9%
$617,289
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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
