Retail Space - For Sale
527 North Riverside Drive Espaola, NM 87532
Details & Description
Price: $750,000
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 1.000
  • Building Sq Ft 11,026
  • Building Price per Sq Ft $68.02
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $17.22
Sale Price $750,000Price/SF $68.02Net Operating Income (as is) $68,000Cap Rate 9.07%Property Highlights:• 94% occupied retail center• Upside potential by renewing leases with NNN and leasing ±6K SF storage• Located at signalized intersection• Good visibility with easy access• Adjacent to iconic El Paragua Restaurant, Italian Infusion, Santa Claran Hotel & Casino• Monument sign at corner• Ample parking• Owner financing available
Additional Photos
Listing Agents
Carlos Garcia
NAI Maestas & Ward
O: 505-473-3434
M: 505-670-3181
carlos@sunvista.com
Joel Cumplido
NAI Maestas & Ward
O: 505-819-5126
M: 505-670-3328
joel@sunvista.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

527 North Riverside Drive

Espaola, NM 87532

Listing ID: 231710
$750,000
For Sale
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 1.000
  • Building Sq Ft 11,026
  • Building Price per Sq Ft $68.02
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $17.22
  • 527 North Riverside Drive Espaola, NM 87532 | for Sale | Photo 1
  • 527 North Riverside Drive Espaola, NM 87532 | for Sale | Photo 2
  • 527 North Riverside Drive Espaola, NM 87532 | for Sale | Photo 3
  • 527 North Riverside Drive Espaola, NM 87532 | for Sale | Photo 4
  • 527 North Riverside Drive Espaola, NM 87532 | for Sale | Photo 5
  • 527 North Riverside Drive Espaola, NM 87532 | for Sale | Photo 6
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Description

Sale Price $750,000

Price/SF $68.02

Net Operating Income (as is) $68,000

Cap Rate 9.07%

Property Highlights:

• 94% occupied retail center

• Upside potential by renewing leases with NNN and leasing ±6K SF storage

• Located at signalized intersection

• Good visibility with easy access

• Adjacent to iconic El Paragua Restaurant, Italian Infusion, Santa Claran Hotel & Casino

• Monument sign at corner

• Ample parking

• Owner financing available

Attachments & Files

Listing Demographics for 527 North Riverside Drive Espaola, NM 87532

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population4,70013,98520,151
Population Median Age403939
Population by Age0-9 Yrs661 (14%)2008 (14%)2705 (13%)
10-19 Yrs614 (13%)1806 (12%)2699 (13%)
20-29 Yrs600 (12%)1717 (12%)2409 (11%)
30-39 Yrs489 (10%)1548 (11%)2378 (11%)
40-49 Yrs554 (11%)1516 (10%)2146 (10%)
50-59 Yrs567 (12%)2000 (14%)2999 (14%)
60-69 Yrs619 (13%)1786 (12%)2560 (12%)
70+ Yrs597 (12%)1604 (11%)2255 (11%)
Median HH Income$32,722$36,160$37,568
Total Household Income< 24K698 (40%)1839 (37%)2496 (36%)
25-49K466 (26%)1232 (25%)1692 (24%)
50-74K233 (13%)648 (13%)952 (13%)
75-99K133 (7%)429 (8%)624 (9%)
100-199K166 (9%)576 (11%)891 (12%)
200K+39 (2%)136 (2%)206 (3%)
Highest Education LevelNo Diploma62015972085
Diploma or GED101129264320
Some College67322803500
Assoc. Degree2096961114
Bachelors Degree33012191648
Higher Degree221571880
Total Housing Units2,2086,6539,432
--Owner-Occupied9483,0784,676
--Renter-Occupied7861,7832,186
Owner-Occupied Values< 100K2617241027
100-199K36911981709
200-299K1876761003
300-399K94255412
400-499K16101150
500K+22124376
Total Working Age Population3,69710,86015,769
In Work Force1,8105,4487,966
Not In Work Force1,8875,4127,803
Workforce Employed1,7235,2597,689
Workforce Unemployed81182270
Civlian Workforce1,8055,4417,959
Military Workforce577
Total Households1,7344,8616,862
Family Households9442,8034,067
Non-Family Households7902,0582,795
Married Couple5141,6442,455
Other Family4301,1591,612
Married w/Child167450644
Single Male w/Child40135188
Single Female w/Child208495673

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
New Mexico1,819,046+132,059,179+62,187,183+62,308,475
Rio Arriba County41,190-240,246+241,212-340,041
Santa Fe County129,292+12144,170+5151,767+7162,782
Taos County29,979+1032,937+133,299033,172

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
Address Price Sq Ft Acres
1317 North Riverside Drive, Espaola, NM $3,431,609 4503 0.3
1321 North Riverside Drive, Espaola, NM $2,822,171 2418 0.2
1321 North Riverside Drive, Espaola, NM $2,822,171 2418 0.2
601 Silkey Way, Espaola, NM $895,000 1200 0.7
1410 New Mexico 68, Velarde, NM $755,000 3080 2.25
4001 Lucia Lane, Santa Fe, NM $750,000 4926 1.05
1 Romeroville Frontage Road, Las Vegas, NM $3,460,800 4000 7
138 Unser Boulevard Northeast, Rio Rancho, NM CALL 1200 0.8
3391 Southern Blvd SE, Rio Rancho, NM $4,995,000 19953 1
3391 Southern Boulevard Southeast, Rio Rancho, NM $4,995,000 19953 0.92
Closest Commercial Airports
Airport Distance (mi)
Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 73
Rick Husband Amarillo International Airport (AMA) 251
Denver International Airport (DEN) 278
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