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    1227 Railroad Ave Española, NM 87532

    Sponsored
    For Lease
    $12 SF/Yr ($7,000 /Mo)

    Prime location, flexible suites available.

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, "The Shops @ Railroad Ave," located at 1227 N Railroad Ave, Española, NM 87532, offers a unique opportunity for businesses seeking office or retail space in a high-traffic area. Situated on a 4.4-acre lot at the corner of Fairview Lane and Railroad Avenue, between Riverside Drive and Paseo de Onate, this property boasts excellent visibility and accessibility. The 7,000 square foot complex is zoned B-2 (Commercial) and features multiple tenancy options within Buildings A and B. Available spaces range from 1,054 to 4,305 square feet, providing flexibility for various business needs. Building A offers larger suites, ranging from approximately 1,750 to 4,305 square feet, while Building B offers spaces from approximately 1,054 to 3,300 square feet. Building C is currently fully leased to NM Treatment Centers with limited operating hours. The property benefits from its proximity to the new Apple Valley Kitchen restaurant, enhancing its appeal and attracting potential customers. This is a triple net (NNN) lease opportunity. Video tours are available online. This prime location in the Los Alamos submarket of Northern New Mexico offers a compelling investment opportunity in a thriving community. The property's strategic location and flexible space options make it an ideal choice for a variety of businesses.

    Property Features for 1227 Railroad Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF
    Total Rate
    7000

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,030 SF
    Rate per SF
    $12
    Space
    Available Space 2
    Size
    4,305 SF
    Rate per SF
    $12

    HighLights

    • High‑visibility corner location at Fairview Lane & Railroad Ave, between Riverside Drive and Paseo de Onate.
    • Excellent office or retail space in Espanola, ideally situated near a river crossing.
    • Multiple unit sizes available in Buildings A & B.
    • High‑traffic location directly across Railroad Ave from the new Apple Valley Kitchen restaurant.
    • Building A offers suites ranging from 1,750 to 4,305 square feet.
    • Building B offers suites ranging from 1,054 to 3,300 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -106.0772905
    Latitude
    36.0077094

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    FAQs

    What type of property is this?
    Office Property / Space - Prime location, flexible suites available.
    Where is this office property / space located?
    The property is located at 1227 Railroad Ave Española, NM.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner location at Fairview Lane & Railroad Ave, between Riverside Drive and Paseo de Onate.; Excellent office or retail space in Espanola, ideally situated near a river crossing.; Multiple unit sizes available in Buildings A & B.
    Request Owner's contact information
    1227 Railroad Ave Española, NM 87532
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    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

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    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
    1227 Railroad Ave Española, NM 87532
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