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    1321 Riverside Dr Española, NM 87532

    Sponsored
    For Lease
    Contact for pricing

    Turn-key, 2400 sq ft, high traffic

    Lot size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,400 square foot, single-tenant retail building is a prime opportunity in Española, New Mexico. Built in 2019, this turn-key drive-thru property boasts superior visibility, averaging approximately 29,150 cars daily along a major retail thoroughfare. All fixtures, furniture, and equipment (FF&E) are included, making this a seamless transition for any operator. The property benefits from a highly desirable location adjacent to successful fast-food establishments and enjoys strong co-tenancy with major retailers such as Walmart, Lowe's, McDonald's, and Starbucks. Situated in a regional retail trade area, this location draws customers from the local community and eight surrounding pueblos. The building is a single-story structure on a single lot, zoned B-2, and located at 1321 N Riverside Dr, Española, NM 87532, in Rio Arriba County. This is an ideal investment for businesses seeking immediate occupancy and high visibility in a thriving market. The property offers significant potential for growth and profitability due to its strategic location and excellent access.

    Property Features for 1321 Riverside Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,400 SF

    Building Details

    Year Built
    2019
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,400 SF

    HighLights

    • 2,400 SF single‑tenant retail building in Española, NM.
    • Built in 2019, this turnkey drive‑thru property offers superior visibility with 29,150+ VPD.
    • Includes all FF&E.
    • Excellent location near major retailers (Walmart, Lowe's, McDonald's, Starbucks) and other fast‑food restaurants.
    • Located at 1321 N Riverside Dr, Española, NM 87532, in a B‑2 zoned lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Española
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.0643136
    Latitude
    36.0111738

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - Turn-key, 2400 sq ft, high traffic
    Where is this retail property located?
    The property is located at 1321 Riverside Dr Española, NM.
    What are key features of this property?
    This property features: 2,400 SF single-tenant retail building in Española, NM.; Built in 2019, this turnkey drive-thru property offers superior visibility with 29,150+ VPD.; Includes all FF&E.
    Request Owner's contact information
    1321 Riverside Dr Española, NM 87532
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1321 Riverside Dr Española, NM 87532
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