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Retail Space With Pad Sites
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162 Caldwell Avenue, Belen, NM 87002

Existing improvements are available alongside build-to-suit pad sites, subject to owner approval.

Property SizeContact for details
Days on Market5

Property Features for 162 Caldwell Avenue

General Information

Standard status Active
Zoning SU

Additional Details

Traffic Count 16,000 vehicles/day
Land Use retail
Listing Agency: Keller Williams Realty
Listed By: The Venegas Group · License #2013009293
Source: Dukecityrealty
Added: Sep 4 Changed: Sep 8 Last Checked: Sep 8 at 8:45AM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

The offering at 162 Caldwell Avenue includes existing retail space along with multiple pad sites. Available retail suites range from 1,681 to 8,300 SF, providing options for different space requirements. Tenant improvements are available, and a tenant improvement allowance may be offered. Pad sites range from 0.5 to 1.2 acres and may be pursued for ground lease or build-to-suit development, subject to owner approval.

The property is zoned SU and is located in Belen, New Mexico. The site records almost 16,000 vehicles per day, providing a measurable level of passing traffic for the retail offering. Both improved space and designated development sites are included in the available configuration.

Key Highlights

  • Retail space available from 1,681 - 8,300 SF
  • Pad sites available from 0.5 - 1.2 Acres
  • Multiple pad sites support ground lease or build to suit, subject to owner approval

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Electrical Service Grocery & Convenience Store

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

Lease Details

16,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

142
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Existing improvements are available alongside build-to-suit pad sites, subject to owner approval.
Where is this retail space located?
The property is located at 162 Caldwell Avenue Belen, NM.
What are key features of this property?
This property features: Retail space available from 1,681 - 8,300 SF; Pad sites available from 0.5 - 1.2 Acres; Multiple pad sites support ground lease or build to suit, subject to owner approval
More about this property
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