Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Stella Ct Belen, NM 87002
    Back to Search
    Property profile & analytics

    Stella Ct, Belen, NM 87002

    View on Map
    • Land
    • 0.76 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Stella Ct

    Lot size
    0.76 lot acres
    Property type
    Land

    Description

    This exceptional 0.76-acre residential lot presents a unique opportunity to build your custom home in the desirable Belen, New Mexico area. Located in a cul-de-sac within a subdivision featuring custom homes, this property offers a peaceful setting with stunning views. The lot is conveniently situated just south of Tome and north of Rio Communities, providing easy access to amenities and services. The property boasts a paved road frontage, ensuring convenient access. Nearby attractions include a golf course and schools, enhancing the desirability of this location. This R-1 zoned lot is approximately 45 minutes from Albuquerque, offering a blend of tranquil suburban living and proximity to a larger city. The seller is offering owner financing, making this an attractive option for prospective buyers. The lot's size and location make it ideal for constructing a substantial single-family residence. Don't miss this chance to create your perfect home in a sought-after community. The address is Stella Ct, Belen, NM 87002, in Valencia County.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Belen
    County
    Valencia
    State
    New Mexico
    Longitude
    -106.734
    Latitude
    34.6718

    Comparable in this City

    • Value Estimation by Request
      16.29 Acres

      Paloma Loop

      Land
      0 Paloma Loop, Belen, NM 87002
      View Details
    • Value Estimation by Request

      304 And Golf Crse Rd

      Land
      304 And Golf Crse Rd, Rio Communities, NM 87002
      View Details
    • Value Estimation by Request
      12.88 Acres

      720 Gabaldon Rd

      Farms
      720 Gabaldon Rd, Belen, NM 87002
      View Details
    • Value Estimation by Request
      1.00 Acre

      Musica Ln

      Land
      0 Musica Ln, Belen, NM 87002
      View Details
    • Value Estimation by Request
      5.80 Acres

      817 Main St

      Land
      817 Main St, Belen, NM 87002
      View Details
    • Value Estimation by Request
      1.56 Acres

      19761 Nm-314

      Land
      19761 Nm-314, Belen, NM 87002
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5.15 Acres

      Land For Sale, Belen

      5.15 acre land parcel in Belen, New Mexico.
      28 U6, Belen, NM 87002
      View Details
    • Contact for pricing
      0.94 Acres

      Land with Mountain Views

      Land for sale in Belen, New Mexico.
      Del Rio Cyn, Belen, NM 87002
      View Details
    • Contact for pricing
      5.00 Acres

      Land with Beautiful Views

      5-acre land parcel in Belen, New Mexico.
      Rancho Rio Grande, Belen, NM 87002
      View Details
    • Contact for pricing
      5.90 Acres

      Land in Rio Communities, NM

      Land for sale in Rio Communities, New Mexico.
      W Manzanita Dr, Belen, NM 87002
      View Details
    • Contact for pricing
      2.00 Acres

      Land with Mountain Views

      Two acre land parcel with views in Belen, New Mexico.
      Del Rio Cyn, Belen, NM 87002
      View Details
    • Contact for pricing
      1.69 Acres

      Land in Belen, New Mexico

      1.69 acre land parcel available in Belen, New Mexico.
      87 El Portal Loop, Belen, NM 87002
      View Details

    Similar Nearby for Lease

    • $1,681 /Mo
      179,467 SF

      Retail Space and Pad Sites

      Retail spaces and pad sites available for lease in Belen.
      162 Caldwell Ave, Belen, NM 87002
      View Details
    • Contact for pricing
      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
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Stella Ct
    Belen, NM 87002
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Stella Ct, Belen, NM, 87002
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!