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Property profile & analytics

1602 Riverside Dr Espanola, NM 87532-8063

  • Commercial real estate
  • 24,810 SF
  • 0.85 lot acres
OFF-MARKET
Value Estimations
$765,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US61-1014097
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1602 Riverside Dr

Lot size
0.85 lot acres
Property size
24,810 SF
Property type
Commercial real estate
APN
1 047 121 224 469
APU
1047121224469

Description

Serna Plaza offers a prime 5,500 square foot retail space available for lease in a high-traffic location. This single-tenant space boasts excellent visibility and prominent frontage on Riverside Drive, a major thoroughfare with 24,000 vehicles passing daily. The property benefits from its strategic location near numerous established anchor tenants, including Walmart, Lowe's, Starbucks, PetSmart, Chili's, and CVS, as well as McDonald's, Taco Bell, and Denny's. The space itself includes 5,500 square feet of open retail area, perfect for a variety of businesses. In addition to the main retail space, there are three separate storage rooms located in the back of the building, providing ample space for inventory or supplies. A significant advantage is the inclusion of a loading dock with receiving doors, streamlining logistics and operations. The property is zoned B-2, making it suitable for a range of retail and office uses, including restaurants. This exceptional opportunity allows businesses to establish a strong presence in a thriving retail hub, surrounded by high-volume traffic and well-known brands. Don't miss this chance to secure a location with significant visibility and access to a large customer base. The property is located in Rio Arriba County.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $765,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Espanola
County
Rio Arriba
State
New Mexico
Longitude
-106.065
Latitude
36.0148
CBSA code
21580
CBSA name
ESPANOLA, NM MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,922
$134,898
$564,889
$699,787
-
$404,694
$1,694,667
$2,099,361
More about this property
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