1509 Riverside DrEspañola, NM 87532

For Sale
$5,952,000

16.86 Acres, Prime Retail Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 16.86-acre commercial land parcel presents a remarkable retail development opportunity in Española, New Mexico. Located at 1509 N. Riverside Dr., this property boasts a prime location within the main retail corridor of the Española Valley, ensuring high visibility and significant foot traffic. The asking price is $5,952,000. The land is comprised of three separately deeded lots, offering flexibility for various development scenarios. This strategic location benefits from excellent national co-tenancy, including prominent retailers such as Walmart Supercenter, Lowe's Home Improvements, McDonald's, Chili's, Freddy's, and Starbucks. The property is zoned for commercial use, making it ideal for a variety of retail developments, potentially including shopping centers, restaurants, or entertainment venues. This presents a unique chance to capitalize on the growing Española market and create a thriving retail destination. The site's accessibility and proximity to established businesses make it an attractive investment for developers seeking a high-impact project in a vibrant community. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a significant land holding in a high-demand retail area. Don't miss out on this chance to shape the future of Española's retail landscape.

Highlights

  • 16.86-acre commercial land parcel ideal for retail development in Española, NM.
  • Prime location in Española Valley's main retail corridor, ensuring high visibility and traffic.
  • Three separately deeded lots offer development flexibility.
  • Excellent national co-tenancy including Walmart, Lowe's, McDonald's, Chili's, Freddy's, and Starbucks.

Property Details for 1509 Riverside Dr

Property type
Other land, Land
Lot Size (sq. ft)
734,422 SF

Location Insight

City
Española
County
Rio Arriba
State
New Mexico
Latitude
36.0142333
Longitude
-106.0645164
1509 Riverside Dr, Española, New Mexico

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1509 Riverside Dr
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