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Property profile & analytics
FOR SALE
Conventional restaurants

724 North Main St Belen, NM 87002

2,797 SF
Property ID
US61-0260613
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Conventional restaurants
Total area 2,797 SF
UPID US61-0260613
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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