Vacant City Lot off Coronado Ave. .303 acre lot zoned for residential or commercial use. Neighboring properties are all commercial. City utilities are available. Close to hospital. Ideal spot for Business or Home.
As you may know, Northern New Mexico is in a housing crisis, thanks to all of the new job growth is in desperate need for more housing. A recent study by the NM Mortgage Finance Authority indicates that New Mexico has a housing shortage of over 32,000 units. This 11.33 acre site that could potentially support a low density townhouse style community with 66 units. Located just down the street from the famous Parasol restaurant and in the heart of Espanola, NM this 11.33 acres site has been held in the family for generations and is now available for development to meet the growing demand for all of the new jobs entering the market. The property is located in one corner of the Los Alamos/ Espanola / Santa Fe employment triangle which contains 217,008 people with a median age of 45 and an average household income of $101,364. This offering is available at $1,100,000 or $16,667 per unit. Projected rents are $1,825 per unit or $2.61/sf.
Vacant .303 acre lot ideal for office close to Hospital. City utilities available. Ideal spot for Business or Home
This beautiful parcel of irrigated land is located in Rio Arriba County, yet surrounded by all the amenities of city living(city water and sewer at street). Grow a garden, raise chickens and enjoy farm living while still only a few minutes away from schools, shopping, and entertainment. Acequia de Santa Cruz runs along the east side of the property for easy access to water rights which are included to grow a garden or water your new lawn. Private lot surrounded by trees, cleared and ready for construction or manufactured home. Covenants require home to be minimum of 2100sf. Surface water rights included.
This beautiful parcel of irrigated land is located in Rio Arriba County, yet surrounded by all the amenities of city living(city water and sewer at street). Grow a garden, raise chickens and enjoy farm living while still only a few minutes away from schools, shopping, and entertainment. Acequia de Santa Cruz runs along the east side of the property for easy access to water rights which are included to grow a garden or water your new lawn. Private lot surrounded by trees, cleared and ready for construction or manufactured home. Covenants require home to be minimum of 2100sf. Surface water rights included.
One of three beautiful parcels with well. Prime entry into Espanola. Close to city sewer. Other utilities on lot by highway. could be storage units, RV Park etc. Check with City of Espanola for list of uses. Zoning allows for many auxiliary and primary uses ie., storage units, RV Park Everything is there except a short extension to city sewer or septics, Possible finance. Verbally approved by city for medical condos, RVs, storage units.South-East entrance to Espanola use your imagination.
The median home value in Espanola, NM is $340,000. This is higher than the county median home value of $253,100. The national median home value is $338,100. The average price of homes sold in Espanola, NM is $340,000. Approximately 45.14% of Espanola homes are owned, compared to 22.34% rented, while 32.52% are vacant. Espanola real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Espanola real estate agent to arrange a tour today!
Espanola, New Mexico 87532 has a population of 20,277. Espanola 87532 is less family-centric than the surrounding county with 17.94% of the households containing married families with children. The county average for households married with children is 18.61%.
The median household income in Espanola, New Mexico 87532 is $40,694. The median household income for the surrounding county is $46,994 compared to the national median of $69,021. The median age of people living in Espanola 87532 is 46.1 years.
The average high temperature in July is 89.35 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 12.05 inches per year, with 11.95 inches of snow per year.