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Hard-Corner Commercial Land
For Sale
$950,000

627-633 N Main St, Belen, NM 87002

C1-zoned commercial land includes three existing structures with month-to-month occupancy.

Property Size1,762 SF
Price / SF$539.16
Days on Market1106

Property Features for 627-633 N Main St

General Information

Standard status Active
Size 1,762 SF
Property subtype Retail
Zoning C1

Amenities

Power
Water
Sewer
Natural Gas
Listing Agency: Coba Investment Company
Listed By: Sonya Sanchez
Source: Carnm.resimplifi
Added: Aug 22, 2023 Changed: Aug 31 Last Checked: Aug 31 at 5:26AM

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 Coba Investment Company

Investment Insights

Based on property information with market context.

This C1-zoned commercial land offering includes three existing structures: a restaurant, a commercial retail building, and a residence. Each structure is occupied on a month-to-month basis. The seller is obtaining bids for potential removal of the buildings to support future lot redevelopment, subject to the buyer’s plans and agreement.

The property occupies the hard corner of N Main St and Aragon, directly across from a Circle K. The offering covers 627–633 N Main St in Belen, New Mexico, with additional land available as an option. Appointments with the seller are required.

Key Highlights

  • C1 zoning
  • Hard corner at N Main St and Aragon
  • Three existing structures: restaurant, retail building, and residence

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Parking Lot & Garage Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby

Demographics for 87002, NM

21,225
Population
9,210
Households
2.3
Avg Household Size
43
Median Age
19%
College-Educated
84%
High-School Grad
598.3 sq mi
ZIP Area
35
Density / Sq Mi
$51,537
Median Household Income
$30,896
Median Earnings
$859
Median Rent
$183,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - C1-zoned commercial land includes three existing structures with month-to-month occupancy.
Where is this commercial land located?
The property is located at 627-633 N Main St Belen, NM.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: C1 zoning; Hard corner at N Main St and Aragon; Three existing structures: restaurant, retail building, and residence
More about this property
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