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Land Available For Sale
For Sale
$1,500,000

845 N Riverside Dr., Espanola, NM 87532

Land tract available for sale, zoned for commercial and residential.

Property SizeContact for details
Lot Size9.37 Acres
Days on Market208

Property Features for 845 N Riverside Dr.

General Information

Standard status Active
Lot size 9.37 Acres
Property subtype Land
Listing Agency: Garsa Group
Listed By: Carlos Garcia
Source: Carnm.resimplifi
Added: Feb 25 Changed: Sep 8 Last Checked: Sep 20 at 5:13AM

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 Garsa Group

Investment Insights

Based on property information with market context.

A land tract of approximately 9.37 acres is available for sale. The sale price is $1,500,000, which equates to $3.67 per square foot. The zoning includes B-2, General Commercial; R-6, Urban Residential; and R-M, Residential - Multifamily. A pad site is available; further details can be obtained from an advisor.

Key Highlights

  • ±9.37 Acre Tract Available
  • Sale Price: $1,500,000 ($3.67/SF)
  • Zoned B‑2 (General Commercial)

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Real Estate Agency Garden Center Skin Care Clinic (Bike/Boat/Book/etc) Store Butcher

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

385
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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Frequently Asked Questions

What type of property is this?
Commercial land - Land tract available for sale, zoned for commercial and residential.
Where is this commercial land located?
The property is located at 845 N Riverside Dr. Espanola, NM.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: ±9.37 Acre Tract Available; Sale Price: $1,500,000 ($3.67/SF); Zoned B‑2 (General Commercial)
More about this property
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