Listing Agency: Garsa Group j***@garsagroup.com Show Phone

Listed By: Joel Cumplido · License #NM 51964

Source: Crexi

Added: Oct 28, 2022 Changed: Aug 22 Last Checked: Aug 31 at 3:10AM

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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

Property Profile

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

Explore this area Business Placement

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties ... What are key features of this property?

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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)