1509 Riverside DrEspañola, NM 87532

Property Details for 1509 Riverside Dr

Lot size

16.86 AC

Property type

Land

Description

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.

Location Insight

City

Española

County

Rio Arriba

State

New Mexico

Latitude

36.0142

Longitude

-106.065

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