HARD CORNER REDEVELOPMENT LOT in BELEN

Vacant Land for Sale
Catylist Listing ID: 30107113
Property Subtypes: Retail-Pad
Gross Land Area: 0.98 Acres
Sale Price: $485,000
Unit Price: $494,897 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2017

Overview / Comments

The hard corner lot fronts what used to be Highway 85, now Hwy 314 (Main Street).

Nearby Restaurant Logos: McDonald’s (directly across the street), Pizza Hut, Domino’s, Little Caesar’s, and Blake’s Lotaburger.

Nearby Pharmacy: Walgreen’s.

Nearby Supermarket: Walmart’s.

Also nearby: Dollar General.

Belen is known as “The Hub City.” It is a significant transportation hub: For example, it is the only fueling station for BNSF Railway between Los Angeles and Kansas City. Belen is intersected by the BNSF Railway.

Both Belen and Los Lunas are in Valencia County which is significant because of the FaceBook installation in Los Lunas.

The New Mexico Rail Runner Express also has a commuter rail station at the north end of the BNSF rail yard, shuttling residents and tourists to and from Belen on a daily basis and connecting with Albuquerque and Santa Fe.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Valencia
Taxing Authority: Valencia County
Zoning: C-1 UNDER BELEN P&Z
Property Visibility: Excellent
Largest Nearby Street: Interstate Highway 25
Feet of Frontage: 201
Highway Access: Interstate 25
Airports: Albuquerque International Sunport and Valencia County's only local airport.
Site Description: Flat; remnants of structures being and to be removed.
Lot Frontage: 201.30 +/-
Lot Depth: 186 south side, 235 north side, +/-
Zoning Description: C-1 under Belen P&Z
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,286 11,809 19,804
Median Age: 39.21 40.14 40.46
Households: 1,779 4,679 7,707
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