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    620 Reinkin Ave Belen, NM 87002

    Sponsored
    For Lease
    $14 SF/Yr

    Exceptional office suites in a vibrant location.

    Lot size:
    18,235 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Belen, New Mexico property, located at 620 West Reinkin Avenue, zip code 87002, offers a total of 18,235 square feet of versatile office space within the US Bank Building. Currently, the entire space is available for lease, providing a unique opportunity for a single tenant or multiple tenants. The building is classified as Class B and is zoned C-1, allowing for a variety of commercial uses. Individual suites range from a minimum of 2,700 square feet to a maximum contiguous space of 6,027 square feet, offering flexibility for businesses of various sizes. The property is categorized as Retail, Office, and further sub-categorized as Executive Office, Creative Office, and Traditional Office, catering to diverse business needs. Situated in Valencia County, this location provides convenient access to local amenities and transportation networks. The property's address is 620 West Reinkin Avenue, Belen, NM 87002. This is a multi-tenant building with ample space available for immediate occupancy. The property's diverse subtype classifications ensure suitability for a wide range of businesses. Contact us today to learn more about this exceptional opportunity.

    Property Features for 620 Reinkin Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,235 SF
    Class
    B
    Total Rate
    21274.17

    Unit(s) available at that property

    Space
    Main Bldg- 2nd Floor
    Size
    5,388 SF
    Rate per SF
    $15
    Space
    East Bldg.
    Size
    4,120 SF
    Rate per SF
    $14
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Belen
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.7744706
    Latitude
    34.6629106

    Nearby Comparable

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    Nearby Similar for Lease

    • $14 SF/Yr
      5,388 SF

      Belen Office Space For Rent

      Office space available with flexible build-outs and ample parking.
      620 W Reinken Ave, Belen, NM 87002
      View Details
    • $5,500,000
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      Belen Office Space For Rent

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    FAQs

    What type of property is this?
    Office space - Exceptional office suites in a vibrant location.
    Where is this office space located?
    The property is located at 620 Reinkin Ave Belen, NM.
    What is the lease rate?
    The lease rate is $14-$15 SF/Yr.
    Request Owner's contact information
    620 Reinkin Ave Belen, NM 87002
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    Belen, NM 87002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    620 Reinkin Ave Belen, NM 87002
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