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    Property profile & analytics

    1000 Ln Joya St Española, NM 87532

    • Commercial real estate
    For Sale
    View listing
    $1,100,000
    Value Estimation
    Location Intelligence
    Property ID
    US61-0280088
    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 1000 Ln Joya St

    Property type
    Commercial real estate
    APN
    174655616

    Description

    This exceptional 11.33-acre land parcel in Española, New Mexico, presents a compelling investment opportunity. Located at 1000 La Joya St, with APN 174655616, this property boasts R-6 Urban Residential zoning, ideal for a low-density townhouse development. The lot size is 493,534.8 square feet, situated in Santa Fe County, zip code 87532. The asking price is $1,100,000, offering a pro-forma cap rate of 74.22% and a pro-forma NOI of $816,372. This prime location is near the Parasol restaurant and benefits from its proximity to the Los Alamos/Española/Santa Fe employment triangle, a region with a substantial population and high average household income. The property's potential to address the area's housing shortage makes it an attractive proposition for developers seeking to create a community of approximately 66 units. Projected rents are estimated at $1,825 per unit. Conceptual site plans and development models are available to qualified developers. This is a unique chance to contribute to the community's growth while securing a strong return on investment.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Española
    County
    Santa Fe
    State
    New Mexico
    Longitude
    -106.05480260242
    Latitude
    35.999736386038

    Comparable in this City

    • $1,500,000
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      Española Multi-Use Land Investment

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      845 Riverside Dr, Española, NM 87532
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      1.00 Acre

      NorthBridge Plaza: Prime Commercial Land

      Española, NM commercial land, build-to-suit options.
      0 Riverside Dr, Española, NM 87532
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    • $300,000
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      Land For Sale, Espanola, NM

      5.28 acre land parcel available in Espanola, New Mexico.
      84/285 Hennigan, Espanola, NM 87532
      View Details
    • $225,000
      3.21 Acres

      Espanola Commercial Land with Well

      3.21 acre commercial land parcel with well near Espanola.
      84/285 Hennigan, Espanola, NM 87532
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    • $150,000
      1.00 Acre

      Land in La Mesilla, NM

      One-acre parcel in La Mesilla, perfect for a dream home.
      State Road 399, Espanola, NM 87532
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    • New
      $51,000
      1.24 Acres

      Espanola Land for Residential Development

      1.24 acre lot suitable for building a dream home.
      9 Cielo Rojo, Espanola, NM 87532
      View Details

    Similar Nearby for Sale

    • $1,500,000
      9.37 Acres

      Española Multi-Use Land Investment

      9.37 Acres, Prime Retail Location
      845 Riverside Dr, Española, NM 87532
      View Details
    • Contact for pricing
      1.00 Acre

      NorthBridge Plaza: Prime Commercial Land

      Española, NM commercial land, build-to-suit options.
      0 Riverside Dr, Española, NM 87532
      View Details
    • $300,000
      5.28 Acres

      Land For Sale, Espanola, NM

      5.28 acre land parcel available in Espanola, New Mexico.
      84/285 Hennigan, Espanola, NM 87532
      View Details
    • $225,000
      3.21 Acres

      Espanola Commercial Land with Well

      3.21 acre commercial land parcel with well near Espanola.
      84/285 Hennigan, Espanola, NM 87532
      View Details
    • $150,000
      1.00 Acre

      Land in La Mesilla, NM

      One-acre parcel in La Mesilla, perfect for a dream home.
      State Road 399, Espanola, NM 87532
      View Details
    • New
      $51,000
      1.24 Acres

      Espanola Land for Residential Development

      1.24 acre lot suitable for building a dream home.
      9 Cielo Rojo, Espanola, NM 87532
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Espanola Valley Retail Land Opportunity

      Land for lease in a vibrant retail corridor.
      1611 N Riverside Dr, Espanola, NM 87532
      View Details
    • Contact for pricing
      2,400 SF

      Española Drive-Thru Retail Space

      Turn-key, 2400 sq ft, high traffic
      1321 Riverside Dr, Española, NM 87532
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    • $12 SF/Yr
      7,000 SF

      Española Office/Retail Space

      Prime location, flexible suites available.
      1227 Railroad Ave, Española, NM 87532
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      1,200 SF

      Española QSR with Drive-Thru

      Prime Fast Food Location, Drive-Thru, FF&E Included
      601 Silky Way, Española, NM 87532
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      2,400 SF

      Espanola Retail Space with Drive-Thru

      Turn-key drive-thru restaurant space in a high-traffic retail area.
      1321 N Riverside Dr, Espanola, NM 87532
      View Details
    • New
      $17 SF/Yr
      14,235 SF

      Espanola Retail Center For Lease

      High-traffic retail center with national co-tenancy and excellent visibility.
      402 Carr Ln, Espanola, NM 87532
      View Details
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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

    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
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