10.6 Acres of Commercial Land Offered at $2,200,000 near Belen, NM

Vacant Land for Sale
Catylist Listing ID: 30765471
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 10.60 Acres
Sale Price: $2,200,000
Unit Price: $207,547 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Auction Type: Absolute
Last Updated: 10/6/2021

Overview / Comments

A premier development / investment opportunity!

This is 10.6 acres of commercial land at the center of major development in and around the heart of Belen, NM, a wealthy and multicultural community, highly visible and easily accessible from I-25 and NM-314.

Investment Highlights

Located next to retail area traffic generators, with hundreds of new homes being built in Belen.

This multifaceted commercial development will support the Rancho Ciela (Sun Ranch Industrial Area), located near the North Belen I-25 Interchange.

Valencia County is an economic development hotspot. Major employers include Facebook, Niagra Bottling, and Keter Plastics, and builders and contractors.

A savvy developer will capitalize on the multifaceted commercial uses possible here, such as:

• shopping center with retail stores <5,000 sf
• gas station and convenience store
• hotel (2-story)
• vehicle sales or rental
• automobile service and repair
• self-storage (1-story)
• restaurant and/or bar
• light commercial retail and offices
• community facilities
• vehicle sales or rental
• greenhouse
• indoor recreational facilities
• amusement enterprise
• retail store with incidental manufacturing, processing and/or assembly
• caretaker’s residence

A prime investment with great potential for $2.2 million.

Please see the attached Promotional Document for details about key market opportunities, cultural and community resources in and around Belen, and further technical information.

Additional Details

Nearest MSA: Albuquerque
County: Valencia
Submarket/Township: Belen
Submarket Type: Other
Taxing Authority: 1283.
Tax ID/APN: R077691
Zoning: C-1 & C-2
Property Located Between: From Albuquerque take I-25 S 38 min to Belen, Exit 195. Go east, then NM-314 E going north. Property is on the left at 19474 NM-314.
Property Visibility: Excellent
Legal Description: SUBD: LAND OF H WILSON & F SEDILLO TRACTS B2B & C1 MAP 92 1999 REV
Largest Nearby Street: Highway 314 (NM-314)
Feet of Frontage: 1,548
Highway Access: I-25 exit 195, 2 miles to the west
Airports: Albuquerque International Sunport Airport 50 min drive 30.4 mi
Site Description: Vacant land, generally flat. Site is located north adjacent to the I-25 Business Loop, past the Walmart Supercenter and Henderson Lateral, left from off-ramp, and accessed from Highway 314.
Area Description: Complementary to economic development along I-25 Business Loop and Rancho Ciela (Sun Ranch Industrial Area). South Los Chavez, adjacent to city limit of Belen, NM, about 2 miles north of downtown Belen.
Lot Frontage: 1548
Lot Depth: 321
Zoning Description: The purpose of the Neighborhood Commercial (C-1) District is to provide limited convenience commercial services for a specific residential market area. This district is intended to maintain the service function of rural neighborhoods in the county; or to locate a present foreseeable demand for small-scale, local convenience centers in an area where access, traffic-turning movement and off-street parking can be provided in a convenient and economic manner. The purpose of the Community Commercial (C-2) District is to provide for more intensive commercial services than in the C-1 District for numerous neighborhoods in the geographic area. Source: Valencia County Zoning Code, Municipal Code §§ 154.121 and 154.122.
In Flood Plain?: Yes
Topography: Level
Soil Type: Loam
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,430 11,204 24,571
Median Age: 32.55 39.2 39.78
Households: 489 4,320 9,418

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