1945 Nm-304 Belen, NM 87002
This exceptional Belen industrial property, located at 1945 NM-304 within the I-3 Heavy Industrial District, offers a substantial 100,000+ square feet of warehouse space, perfectly suited for a variety of manufacturing, flex, and distribution operations. The property also includes 80,000 square feet of outbuildings and 11,750 square feet of well-appointed office space, providing ample room for administrative functions and employee support. An additional 8,250 square feet of office space is also available. The expansive 17.3694-acre lot provides generous space for operations and parking. Building features include a low-rise, two-story design with attractive reception and waiting areas, creating a safe and collaborative work environment. Generously sized office spaces benefit from abundant natural light provided by large windows. A dedicated fenced parking area ensures security. The warehouse boasts a clear height of 28-30 feet, column spacing of 40'x40', and convenient access via one dock-high door (14'x12') and three drive-in doors (10'x12'). The property's robust electrical system features 3000AMP, Phase 3, 277/480 Volts power. Lease terms are NNN. Contact us for lease rate information.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.