Catylist ID:
#30790309
2.3 Acres Prime for Light Commercial Land Development
Vacant Land
for Sale
| Catylist Listing ID: | 30790309 |
| Property Subtypes: | Agricultural, Office, Retail, Other |
| Gross Land Area: | 100,898 SF |
| Sale Price: | $399,999 |
| Unit Price: | $3.96 PSF |
| Adjacent Parcels Available: | Yes |
| Sale Terms: | Cash to Seller, Build-to-Suit |
| Last Updated: | 5/6/2022 |
Overview / Comments
|
A premier development / investment opportunity adjacent to the Walmart Supercenter! 2.3 acres of commercial land with power at the center of major development in and around the gateway to Belen, NM, a multicultural and up-and-coming community, highly visible and easily accessible from I-25 and NM-314. A savvy developer will capitalize on the multifaceted commercial uses possible here, such as: • car wash • automotive • retail / shopping center • spiritual center/church • restaurant and/or bar • offices for attorney, construction, spa, medical • retail store with incidental manufacturing, processing and/or assembly • cannabis retail store • caretaker’s residence • agricultural uses, including greenhouse, farming and/or ranching Property located 9 minutes from Los Lunas and 35 minutes from Albuquerque International Airport. All a short commute! A prime investment with great potential for $399,000. This commercial property is only $3.96 / sqft! Adjacent to this property is an additional pristine 8.3 acres of high-impact community commercial land, same ownership. Zoned for hotel, travel center, automobile dealership, self-storage, and the lighter neighborhood commercial uses. If a client purchases the 2.3-acre tract for $399,999, the client may be able to option the other 8.3-acre tract for first-right of refusal at $1,600,000. 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. Please see the attached Promotional Document for details about key market opportunities, cultural and community resources in and around Belen and Valencia County, and further technical information. Featured video: https://player.vimeo.com/video/70056483 |
Attachments & Media
Additional Details
| Nearest MSA: | Albuquerque |
| County: | Valencia |
| Submarket/Township: | Belen |
| Submarket Type: | Suburban |
| Taxing Authority: | 1283 |
| Tax ID/APN: | R077691 |
| Zoning: | C-1 |
| 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 Tract: B2B 2.32 ACRES MAP 92 1999 REV |
| Largest Nearby Street: | Highway 314 (NM-314) |
| Feet of Frontage: | 260 |
| Traffic/Vehicle Count: | 10,000 |
| Highway Access: | I-25 exit 195, 2 miles to the west |
| Airports: | Albuquerque International Sunport Airport 26 min drive 29 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 Cielo (Sun Ranch Industrial Area). South Los Chavez, adjacent to city limit of Belen, NM, about 2 miles north of downtown Belen |
| Lot Frontage: | 260 |
| Lot Depth: | 320 |
| Zoning Description: | The purpose of the C-1 District is to provide limited convenience commercial services for a specific residential market area. C-1 “Neighborhood Commercial District" § 154.120 https://codelibrary.amlegal.com/codes/valenciacounty/latest/valenciaco_nm/0-0-0-4602 |
| In Flood Plain?: | Yes |
| Topography: | Level |
| Soil Type: | Loam |
| Available Utilities: | Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access |
| Water Service: | Other, None |
| Sewer Type: | Municipal |
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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