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B-2 Commercial Land with 3-Bay Building
New
For Sale
$350,000

2116 Riverside Drive, Espanola, NM 87532

B-2 commercial parcel with an existing three-bay building equipped with power, water, and heat.

Property Size2,500 SF
Price / SF$140
Days on Market5

Property Features for 2116 Riverside Drive

General Information

Standard status Active
Size 2,500 SF
Property subtype Commercial

Building Details

Year Built 1971
Listing Agency: Corcoran Plaza Properties
Listed By: Christine Mcdonald · License #5878
Source: Lisaharris-realestate
Added: Sep 16 Last Checked: Sep 20 at 5:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corcoran Plaza Properties

Investment Insights

Based on property information with market context.

This B-2 commercial land offering includes an existing 2,500-square-foot building positioned at the rear of the site. Constructed in 1971, the structure contains three bays and has power, water, and heat in place.

The property fronts North Riverside Drive within Espanola’s main retail corridor. Surrounding commercial occupants include Walmart, AutoZone, Lowe’s, and Harbor Freight, creating an established retail setting along the corridor.

Key Highlights

  • B‑2 commercial property with North Riverside Drive frontage
  • Existing 2,500‑square‑foot building at the rear of the site
  • Three‑bay building constructed in 1971

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

Demographics for 87532, NM

19,017
Population
8,946
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
85%
High-School Grad
109.5 sq mi
ZIP Area
174
Density / Sq Mi
$57,077
Median Household Income
$42,365
Median Earnings
$887
Median Rent
$225,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - B-2 commercial parcel with an existing three-bay building equipped with power, water, and heat.
Where is this commercial land located?
The property is located at 2116 Riverside Drive Espanola, NM.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: B‑2 commercial property with North Riverside Drive frontage; Existing 2,500‑square‑foot building at the rear of the site; Three‑bay building constructed in 1971
More about this property
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