19725 Highway 314 Belen, NM 87002
This exceptional 1.36-acre property located at 19725 Highway 314 in Belen, New Mexico, presents a unique investment opportunity. The 1963-built structure offers a versatile blend of residential and commercial potential, thanks to its C-1 zoning. The four-bedroom home features an updated kitchen complete with KitchenAid appliances and a convenient kitchen bar. Two living areas provide ample space, one enhanced by a cozy fireplace. Enjoy outdoor living with a welcoming front porch and a heated enclosed sunroom. A tranquil courtyard offers a private retreat. The property's significant size allows for various business ventures. Practical features include readily available irrigation and recent upgrades such as a new roof, furnace, and water heater. Situated on Highway 314, this property boasts excellent visibility and accessibility, making it an ideal location for a business with residential living. The asking price is $389,500. Valencia County location and 87002 zip code.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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