724 North Main St Belen, NM 87002
For Sale
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This 2,797 SF turnkey commercial restaurant building on .84 acres sits in the heart of Belen — New Mexico's fast-growing "Hub City" — with 181' of Main Street frontage on a corridor carrying 17,239 VPD . The building is immediately operational, featuring a commercial kitchen exceeding 1,000 SF , dedicated reception and dining areas, 3 restrooms , an office, interior storage, and an exterior storage container connected to the building — all FF&E included (hood, 3-compartment sink, prep tables, tables, chairs, and more). 34 parking spaces at an 12:1,000 SF ratio , tri-directional ingress/egress, dual monument signage, on-building signage, and all utilities on-site round out the physical asset. The trade area supports a 5-mile population of 22,455 , avg. household income of $65,476 , and 4,762 daytime employees , while I-25 access sits just 1.9 miles away . Belen's growth trajectory is real — population is projected to reach 9,500 within five years, new employers including a 250-job manufacturing facility have recently arrived, and BNSF just completed a major capacity expansion at its Belen facility, the largest rail fueling operation in North America. C-1 zoning offers flexibility well beyond food service. A currently operating business, priced to move.
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
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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.