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    1321 Riverside Dr Española, NM 87532
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    Property profile & analytics

    1321 Riverside Dr Española, NM 87532


    • Individual retail properties
    • 22,519 SF
    • 0.55 lot acres
    Retail Space Near Major Retailers For Lease
    $725,000

    Retail Space Near Major Retailers

    Retail space strategically located near Walmart and Lowe’s.

    Espanola, NM 87532
    View Listing
    Property ID
    US61-1049335
    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.

    Value Estimations
    $725,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Individual retail properties

    Property Details for 1321 Riverside Dr

    Lot size
    0.55 lot acres
    Property size
    22,519 SF
    Property type
    Individual retail properties
    APN
    1 047 121 259 334
    APU
    1047121259334

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $655,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $794,000
      Market price range: $542k - $981k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $645,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Espanola
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.064
    Latitude
    36.0111
    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
    $14,859
    $87,287
    $303,314
    $390,601
    -
    $261,861
    $909,942
    $1,171,803
    View Listing
    More about this property
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