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Property profile & analytics

1810 Riverside Dr Espanola, NM 87532

  • Individual retail properties
  • 9,200 SF
  • 0.60 lot acres
OFF-MARKET
Value Estimations
$320,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US61-1038111
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 1810 Riverside Dr

Lot size
0.60 lot acres
Property size
9,200 SF
Property type
Individual retail properties
APN
1 047 122 225 082
APU
1047122225082

Description

This exceptional 3,007 square foot mixed-use property, situated on a 0.57-acre lot at 1810 N Riverside in Espanola, NM, presents a unique investment opportunity. The building's versatile design allows for a multitude of uses, currently configured as two distinct units, each with its own restroom facilities. A central kitchen separates the spaces, enhancing functionality. The east side features several office rooms, ideal for professional services or administrative functions. The west side offers a large, open area, perfect for retail, a workshop, or adaptable to various business needs, complemented by a smaller office. The property boasts significant architectural charm, showcasing authentic Northern New Mexican style with prominent vigas and beams, a shepherd's fireplace, a water fountain, hornos (traditional ovens), intricately carved pillars, and carved doors. Its location along the Riverside adds to its appeal and visibility. The seller is open to exploring creative financing options and potential rental arrangements, making this an attractive proposition for both owner-occupiers and investors. The commercial district zoning allows for a wide range of business services. This property offers a blend of historical character and modern adaptability, making it a truly unique investment in the vibrant Espanola market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $335,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $303,000
    Market price range: $221k - $401k
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $265,000
    Current use

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


Location Insight

  • Map
  • Local Demand
City
Espanola
County
Rio Arriba
State
New Mexico
Longitude
-106.065
Latitude
36.019
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
$4,973
$54,711
$94,716
$149,427
-
$164,134
$284,150
$448,284
More about this property
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