1611 Riverside Dr Española, NM 87532
This exceptional 0.82-acre commercial land parcel presents a prime development opportunity in Española, New Mexico. Located at 1611 N Riverside Dr, this single-tenant site is zoned B-2, offering considerable flexibility for a variety of commercial uses. The property's convenient location in Rio Arriba County provides excellent visibility and accessibility, making it an ideal location for businesses seeking high traffic exposure. The expansive 0.82 acres provide ample space for new construction, allowing for significant building size and potential for substantial return on investment. Utilities are readily available, simplifying the development process and minimizing upfront costs. This property is perfect for entrepreneurs and developers looking to establish a strong presence in a growing market. The strategic location in Española offers access to a thriving community and a robust local economy. With its ideal zoning and ample space, this land parcel represents a rare opportunity to acquire a highly desirable commercial property in a prime location. Serious inquiries are encouraged to explore the full potential of this exceptional development site. The property address is clearly identified as 1611 N Riverside Dr, Española, NM 87532. This is a single-tenant property, offering a streamlined ownership experience.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.