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Remodeled Office Building

837 W Castillo Ave, Belen, NM 87002

For Sale
New
$300,000

Flexible interior configuration supports operation as one office or two separate units.

Property Size3,795 SF
Price / SF$79.05
Days on Market4

Property Features for 837 W Castillo Ave

General Information

Standard status Active
Size 3,795 SF
Property subtype Commercial

Additional Details

Condition Newly Renovated
Utilities to Site Yes
Property Use Office
Listing Agency: Real Broker, LLC
Listed By: Missy Ashcraft
Source: Missyashcraft
Added: Nov 4 Changed: Nov 6 Last Checked: Nov 6 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 Real Broker, LLC

Rey
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 3,795-square-foot office building has been remodeled and contains two large open areas, several smaller offices, and storage space. Its layout can be divided into two separate units, and water and sewer lines run throughout the building. New combo units are also part of the property.

Key Highlights

  • 3,795‑square‑foot remodeled office building
  • Layout can be divided into two separate units
  • Two large open areas, smaller offices, and storage areas

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Dental Office Storage Facility HVAC Service

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

505
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Flexible interior configuration supports operation as one office or two separate units.
Where is this office building located?
The property is located at 837 W Castillo Ave Belen, NM.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 3,795‑square‑foot remodeled office building; Layout can be divided into two separate units; Two large open areas, smaller offices, and storage areas
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Includes: Price & PSF · Cap rate · Location · Zoning

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