Retail Space and Pad
For Lease
$1,681/Mo
162 Caldwell Avenue, Belen, NM 87002
CommercialLease, Belen, NM
Space SizeContact for details
Lot Size4.12 Acres
Days on Market222
Property Features for 162 Caldwell Avenue
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning description
SU
Parking
180
Security features
Security
Pets allowed
Yes
Interior features
HandicapAccess
Accessibility
Accessible Approach with Ramp
Directions
South I-25 to Las Cruces, Exit 195, go 4.6 miles, turn left on Reinken Ave , go 0.9 miles, turn left on Jarales Rd, turn left on Caldwell.
Subdivision
741 - Belen
Standard status
Active
APN
1011041390484000000
Lot size
4.12 Acres
Taxes and HOA fees
Tax Annual Amount
9979
Utilities
Heating system
Central
Building Details
Floors in Building
1
Flooring type
Carpet
Building materials
Block, Frame
Listing Agency:
Keller Williams Realty
(505) 271-8200
Listed By:
The Venegas Group · License #.
(505) 591-0717
Added: Jan 19
Changed: Aug 24
Last Checked: Aug 29 at 7:06PM
MLS# 1097527
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail offering includes existing space ranging from 1,681 to 8,300 SF, along with designated pad sites ranging from 0.5 to 1.2 acres. Available improvements may include tenant improvement work, subject to the applicable lease terms. The building uses block and frame construction, with carpeted flooring, central heating, and an accessible approach with ramp.
The property is located at 162 Caldwell Avenue in Belen, New Mexico, within Valencia County. The site is zoned SU and encompasses 4.12 acres. Multiple pad sites are available for ground lease or build-to-suit development, subject to owner approval. Traffic exposure is supported by almost 16,000 vehicles per day.
The property is located at 162 Caldwell Avenue in Belen, New Mexico, within Valencia County. The site is zoned SU and encompasses 4.12 acres. Multiple pad sites are available for ground lease or build-to-suit development, subject to owner approval. Traffic exposure is supported by almost 16,000 vehicles per day.
Key Highlights
- Existing retail space available from 1,681 - 8,300 SF
- Retail pad sites available from 0.5 - 1.2 Acres
- SU zoning supports the available commercial offering
Property Analytics
Property Profile
Current Use
Lease Details
16,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
SONIC Drive In
Dining
11,691 visits/mo
0.4 miles
Dollar General
Shops & Services
11,113 visits/mo
0.4 miles
Blake's LotaBurger
Dining
6,786 visits/mo
0.4 miles
Jiffy Lube
Shops & Services
2,103 visits/mo
0.5 miles
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
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 - The offering includes existing improvements and designated pad sites for ground lease or build-to-suit development.
Where is this retail space located?
The property is located at 162 Caldwell Avenue Belen, NM.
What is the lease rate?
The lease rate is $1,681/Mo.
What are key features of this property?
This property features: Existing retail space available from 1,681 - 8,300 SF; Retail pad sites available from 0.5 - 1.2 Acres; SU zoning supports the available commercial offering
