1211 Main St Belen, NM 87002
This exceptional 3.07-acre vacant land parcel presents a remarkable investment opportunity in the thriving city of Belen, New Mexico. Located at 1211 S Main St., this property boasts a highly desirable location within Valencia County, offering excellent potential for various development projects. The expansive lot size provides ample space for a wide range of uses, making it an attractive proposition for both residential and commercial ventures. With its convenient address and accessibility, this land parcel is strategically positioned to capitalize on the growth and development within the Belen area. The property's zoning and permitted uses should be independently verified to ensure alignment with any intended development plans. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the land for their specific needs and objectives. The asking price for this prime piece of real estate is $401,030. This represents a compelling investment opportunity in a rapidly growing market. The property's location in Belen, NM, zip code 87002, offers easy access to local amenities, transportation routes, and a vibrant community. Serious inquiries are welcome. Detailed information regarding utilities and potential development restrictions can be obtained through the appropriate local authorities. This is a rare chance to acquire a significant land holding in a desirable location.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.