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    19761 Nm-314 Belen, NM 87002

    For Sale
    $499,000

    1.56-acre commercial lot, prime highway location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 1.56-acre commercial/industrial lot presents a remarkable investment opportunity in Belen, New Mexico. Strategically located on NM-314 between Belen and Los Lunas, this property boasts 230 feet of highway frontage, ensuring high visibility and accessibility. The lot is fully fenced and gated, providing security and privacy. Utilities are readily available, including natural gas, electricity, a well for water, and a septic system, eliminating the need for costly infrastructure development. The property's C2 zoning allows for a wide range of commercial and industrial uses. Adding to its appeal, the lot is situated adjacent to a thriving feed and mercantile store, guaranteeing high traffic and potential synergy. The property also benefits from railroad track frontage, opening up possibilities for businesses requiring rail access. Existing signage and two utility meters are already in place. This level lot is ready for immediate development, making it an ideal choice for businesses seeking a prominent location with established infrastructure. The address is 19761 NM-314, Belen, NM 87002, in Valencia County.

    Property Features for 19761 Nm-314

    General Information

    Property type
    Land
    Lot Size
    67,954 SF

    HighLights

    • 1.56‑acre level commercial lot in Belen, NM, zoned C2.
    • Railroad track frontage.
    • Utilities available: power, water, sewer, and natural gas.
    • 230 feet of highway frontage on NM‑314.
    • Existing signage and two utility meters.
    • Adjacent to a thriving business.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Belen
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.75174337936
    Latitude
    34.739458545903

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    FAQs

    What type of property is this?
    Land - 1.56-acre commercial lot, prime highway location.
    Where is this land located?
    The property is located at 19761 Nm-314 Belen, NM.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 1.56-acre level commercial lot in Belen, NM, zoned C2.; Railroad track frontage.; Utilities available: power, water, sewer, and natural gas.
    Request Owner's contact information
    19761 Nm-314 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
    19761 Nm-314 Belen, NM 87002
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