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Property profile

194 Jensen Ln Belen, NM 87002

OFF-MARKET
Commercial real estate
8.78 ac lot
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Property summary

AI-generated overview

This exceptional commercial property located at 194 Jensen Lane, Belen, New Mexico, presents a remarkable investment opportunity. The property encompasses a substantial 8.78 acres of land and features five existing commercial units, providing immediate income potential. The existing structures offer a solid foundation for a variety of business ventures, and the expansive acreage allows for significant future expansion and development. This versatility makes it ideal for an investor seeking a multi-faceted portfolio addition or a business owner looking to establish a substantial presence in the Belen market. The property's size and location offer considerable potential for growth and adaptation to meet evolving market demands. The existing units are ready for immediate occupancy, providing a steady stream of revenue from day one. The ample land provides room for additional construction, allowing for expansion of existing businesses or the addition of new ventures. This presents a unique chance to acquire a well-positioned commercial property with immediate income and substantial long-term growth potential. The property's location in Belen, NM offers easy access to major transportation routes and a thriving local community. Serious inquiries are encouraged to explore this promising investment opportunity further. The asking price is $253,000.

Property profile

Verified
Property type Commercial real estate
Lot 8.78 ac (382,457 SF)

Cap rate & NOI

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

Location

194 Jensen Ln Belen, NM 87002
Belen metro
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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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