Technical
Financial
Distress signals
Property profile

0 Caldwell Ave Belen, NM 87002

OFF-MARKET
Retail properties & Spaces
42,490 SF 8.49 ac lot Built 1974
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Del Rio Plaza, a prominent 42,490 square-foot shopping center in Belen, New Mexico, presents a unique investment opportunity. Built in 1974, this established center boasts a prime location and has served as Belen's largest shopping center for nearly five decades. The property features eight total suites, with a minimum divisible space of 1,360 square feet and a maximum contiguous space of 14,500 square feet; five spaces are currently available. Anchored by Bealls and Family Dollar, Del Rio Plaza benefits from high visibility and established customer traffic. The property sits on 8.49 acres of land and offers ample parking with 200 spaces. Its strategic location in Belen, near the Jardin de Belen and De La Reina Queen subdivisions, ensures convenient access for a large residential population. The property is classified as Retail, Office, and Land, offering flexibility for a variety of commercial uses. Its location is further enhanced by its proximity to Sunshine and Reinken cross streets. This multi-tenant property, situated in the Los Lunas submarket within the Albuquerque, NM cluster, presents a compelling opportunity for businesses seeking a well-established presence in a thriving community within Valencia County.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1974
Total area 42,490 SF
Lot 8.49 ac (369,824 SF)

Cap rate & NOI

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

Location

Caldwell Ave Belen, NM 87002
Belen metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Caldwell Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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