Technical
Financial
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Property profile

201 Main St Belen, NM 87002

OFF-MARKET
Office Spaces
Property ID
US61-0054469
1,786 SF 0.17 ac lot
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Property summary

AI-generated overview

This exceptional 1,786 square foot office building presents a compelling investment opportunity in the heart of Belen, New Mexico. Situated within the historic F & E Plaza, this property boasts a prime location and a consistent track record of rental income generation. Completely renovated in 2021, the building is in excellent condition and offers immediate cash flow potential. The current lease, in place until November 2024, provides stability and security, with an option to renew, ensuring continued income stream. The 0.17-acre lot provides ample space for parking and potential future expansion. This property has a long and successful history, having generated rental income from the same tenant for over 25 years, demonstrating its enduring appeal and market viability. The building's central location within the vibrant F & E Plaza offers excellent visibility and accessibility, making it an ideal investment for both seasoned and new investors seeking a stable, high-yield commercial property. The recent renovation ensures modern amenities and functionality, minimizing future maintenance costs and maximizing long-term value. This is a rare opportunity to acquire a proven, income-producing asset in a desirable location. The strong tenant history and lease terms provide a solid foundation for continued success. Don't miss this chance to secure a piece of Belen's rich history and thriving commercial landscape.

Property profile

Verified
Property type Office Spaces
Total area 1,786 SF
Lot 0.17 ac (7,405 SF)
UPID US61-0054469

Cap rate & NOI

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

Location

201 Main St Belen, NM 87002
Belen metro
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Value estimations

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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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