Caldwell Ave Belen, NM 87002
- Retail properties
- 42,490 SF
- 8.49 lot acres
Current Use by Public Records
- Retail properties
Property Details for 0 Caldwell Ave
- Year built
- 1974
- Lot size
- 8.49 lot acres
- Property size
- 42,490 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belen
- County
- Valencia
- State
- New Mexico
- Longitude
- -106.761
- Latitude
- 34.6598
