Lot/land

Price increase: $160K (11/26)

$90,000

1227 E River Rd, Belen, NM 87002

--beds

--baths

1Acres

Unimproved Land

Built in ----

1 Acres Lot

$218,300 Zestimate^®

$--/sqft

$-- HOA

What's special

Commercial frontageExpansive land

Prime Opportunity on Frontage Road! This versatile 1-acre property boasts commercial frontage, making it ideal for business, or mixed-use potential. Enjoy the convenience of city water and city sewer already in place--no septic hassle here. Whether you're looking to build, expand, or invest, this lot offers space, flexibility, and comfort. The expansive land allows room for outdoor storage, a garden, parking, or additional structures. Perfect for entrepreneurs, investors, or anyone dreaming big. With great visibility and access, this location positions you for long-term success. Don't miss this rare opportunity to own a highly adaptable piece of property with commercial appeal.

243 days

123

7

Facts & features

Property

Lot

Size: 1 Acres
Features: Other, Split Possible, See Remarks
Topography: Level

Details

Parcel number: 1008028436045000000
Zoning description: M-1

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Other, Sewer Available, Water Available

Community & HOA

Location

Region: Belen

Financial & listing details

Tax assessed value: $170,557
Annual tax amount: $912
Date on market: 6/4/2025
Cumulative days on market: 244 days
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

$218,300

$164,000 - $279,000

$1,371/mo

Price history

Date	Event	Price
11/26/2025	Price change	$250,000+177.8%
Source: SWMLS #1085312 Report a problem
8/22/2025	Price change	$90,000-66.5%
Source: SWMLS #1085253 Report a problem
8/22/2025	Price change	$269,000-2.2%
Source: SWMLS #1085312 Report a problem
6/5/2025	Price change	$275,000+175%
Source: SWMLS #1085312 Report a problem
6/4/2025	Listed for sale	$100,000-63.2%
Source: SWMLS #1085253 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,064 +126.3%	$56,853 +124.2%
2023	$912 +4.3%	$25,356
2022	$874 +5.7%	$25,356 +1.1%

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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