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    Retail Space in Belen, NM Title is generated by Realmo AI

    19611 NM-314, Belen, NM

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    Versatile retail space in a strategic Belen location.

    Type:RETAIL
    Property size:
    6,500 SF
    Lot size:
    0.73 Acres
    Price / SF:
    $169/SF
    Added:
    Mar 17, 2025
    Days on Market:
    456
    Last Refresh:
    May 19 at 11:02 pm

    Property Features for 19611 NM-314

    General Information

    Standard status
    Active
    Size
    6,500 SF
    Lot size
    0.73 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Walt Arnold
    Walt Arnold

    Listing agent Walt Arnold License #9117

    Listing office SVN/Walt Arnold Commercial Brokerage Inc

    Listing date Mar 17, 2025

    Source Moodyscre

    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

    HighLights

    • Strategic location in the Belen area
    • Versatile and functional space
    • Adaptable asset for an investor
    • Ideal for specialized purposes

    Overview

    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.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $94,084 @ 7.0% cap · market cap 8.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Belen
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.588
    Latitude
    34.5756

    FAQs

    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
    (505) 269-9358 Call to check price and availability
    More about this property
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