0 Bernard Ave Belen, NM 87002
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.