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Property profile

600 Dalies Ave Belen, NM 87002

OFF-MARKET
Retail properties & Spaces
4,200 SF 0.27 ac lot
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Property summary

AI-generated overview

This exceptional 4,200 square foot retail property is ideally situated on 0.27 acres at 600 Dalies Avenue in Belen, New Mexico. Its prime location offers unparalleled visibility and accessibility, being just 10 minutes from Los Lunas and 30 minutes from Albuquerque, with convenient access to three major I-25 exits. The property boasts a unique soda fountain area complete with a walk-up order window, perfect for a variety of businesses. Additional features include a spacious office loft, two restrooms, and ample basement storage, providing versatility for various operational needs. The building is equipped with two combination heating and cooling units (electric/refrigerated air) and a TPO roof, ensuring both comfort and durability. On-site parking is available, supplemented by ample street parking. Existing signage infrastructure, including some electric signs, provides excellent advertising opportunities. The property's value is further enhanced by its location amidst established and emerging businesses, reflecting Belen's exciting growth and development. Note that the square footage is approximate

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,200 SF
Lot 0.27 ac (11,761 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

600 Dalies Ave Belen, NM 87002
Belen metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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