Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1616 Riverside Dr Espanola, NM 87532

    • Individual retail properties
    • 19,332 SF
    • 1.15 lot acres
    OFF-MARKET
    Value Estimation
    $595,000
    Location Intelligence
    Property ID
    US61-1305539
    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

    • Individual retail properties

    Property Details for 1616 Riverside Dr

    Lot size
    1.15 lot acres
    Property size
    19,332 SF
    Property type
    Individual retail properties
    APN
    1 047 121 240 495
    APU
    1047121240495

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Espanola
    County
    Rio Arriba
    State
    New Mexico
    Longitude
    -106.065
    Latitude
    36.0154
    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
    $10,894
    $187,937
    $98,419
    $286,356
    -
    $563,812
    $295,257
    $859,069

    Comparable in this City

    • Value Estimation
      $355,000
      336 SF

      County Rd 127

      APPLIANCE STORE • 336 SF
      County Rd 127, La Mesilla, NM 87532
      View Details
    • Value Estimation
      $865,000
      32,802 SF

      415 Lowder Milk Rd

      APPLIANCE STORE • 32,802 SF
      415 Lowder Milk Rd, Espanola, NM 87532-6768
      View Details
    • Value Estimation
      $895,000
      38,480 SF

      1813 Mtn Vw St

      APPLIANCE STORE • 38,480 SF
      1813 Mtn Vw St, Espanola, NM 87532-9663
      View Details
    • Value Estimation
      $540,000
      9,258 SF

      912 Riverside Dr

      APPLIANCE STORE • 9,258 SF
      912 Riverside Dr, Espanola, NM 87532-2958
      View Details
    • Value Estimation
      $575,000
      20,000 SF

      Espanola, NM 87532

      APPLIANCE STORE • 20,000 SF
      Espanola, NM 87532
      View Details
    • Value Estimation
      $440,000
      1,425 SF

      Espanola, NM 87532

      APPLIANCE STORE • 1,425 SF
      Espanola, NM 87532
      View Details

    Similar Nearby for Sale

    • $300,000
      1,820 SF

      Espanola Commercial Building with Garage

      Versatile commercial building with garage and ample parking available for sale.
      711 Paseo De Onate, Espanola, NM 87532
      View Details
    • $400,000
      Pending

      Espanola Automotive Repair Shop For Sale

      Turn-key automotive repair shop with additional storage and residential component.
      2 Sueno De Vigil Rd, Espanola, NM 87532
      View Details
    • $640,000
      1,200 SF

      Standalone QSR in Espanola, NM

      High-Yield QSR with Drive-Thru
      601 Silkey Way, Española, NM 87532
      View Details
    • $447,000
      2,730 SF

      Espanola Restaurant and Bar on Plaza

      Turnkey restaurant and bar on the Plaza in Espanola, NM.
      100 Los Alamos Hwy, Espanola, NM 87532
      View Details
    • $1,200,000
      5,350 SF

      Espanola Office Building - Prime Location

      Spacious Office Building, 1.26 Acres
      1119-1121 Santa Clara Peak Rd, Espanola, NM 87532
      View Details
    • $6,000,000
      12.44 Acres

      Espanola Mobile Home Park Investment

      12-Acre, 62-Space Mobile Home Park
      2116 Riverside Dr, Espanola, NM 87532
      View Details

    Similar Nearby for Lease

    • 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
    • Contact for pricing
      1,200 SF

      Española QSR with Drive-Thru

      Prime Fast Food Location, Drive-Thru, FF&E Included
      601 Silky Way, Española, 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
      View Details
    • $12 SF/Yr
      7,000 SF

      Española Office/Retail Space

      Prime location, flexible suites available.
      1227 Railroad Ave, Española, NM 87532
      View Details
    • Contact for pricing
      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
    • 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

    Property Visit Statistics

    • Visits by month
      41.5k
    • Visitors by month
      16.6k
    • Avg Time on site
      13 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1616 Riverside Dr
    Espanola, NM 87532
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.