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    Bernard Ave Belen, NM 87002

    For Sale
    $160,000

    Prime Belen Investment Opportunity!

    Property size:
    2,002 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Belen, New Mexico property offers a unique investment prospect. Located on Bernard Avenue, easily accessible from Main Street, the 0.63-acre lot features a 2,002 square foot storage building. The building boasts two bays, a convenient loading dock, and eight individual access doors, providing ample space and flexibility for various commercial uses. The property is equipped with readily available electricity, enhancing its operational potential. With its strategic location and versatile design, this property presents a compelling opportunity for entrepreneurs and investors seeking a strong return. The asking price is $160,000. The eight doors and multiple bays suggest a high degree of utility for storage or light industrial uses. The property's size and location in Belen, NM (zip code 87002) make it an attractive option for businesses seeking a foothold in a growing market. The combination of land and building provides significant potential for expansion or redevelopment. This is a rare opportunity to acquire a well-situated commercial property in a desirable location. Serious inquiries are encouraged.

    Property Features for 0 Bernard Ave

    General Information

    Property type
    Land
    Square Feet
    2,002 SF
    Lot Size
    27,443 SF

    Building Details

    Units
    8

    HighLights

    • 0.63‑acre lot in Belen, NM (87002) with a 2,002 sq ft storage building.
    • Building features two bays, a loading dock, and eight individual access doors.
    • Convenient location on Bernard Ave, easily accessible from Main Street.
    • Property includes readily available electricity.
    • Asking price: $160,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Belen
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.7737467
    Latitude
    34.6554459

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    FAQs

    What type of property is this?
    Land - Prime Belen Investment Opportunity!
    Where is this land located?
    The property is located at Bernard Ave Belen, NM.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: 0.63-acre lot in Belen, NM (87002) with a 2,002 sq ft storage building.; Building features two bays, a loading dock, and eight individual access doors.; Convenient location on Bernard Ave, easily accessible from Main Street.
    Request Owner's contact information
    Bernard 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
    Bernard Ave Belen, NM 87002
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