1000 La Joya

Espanola, NM 86632

– beds
– baths
– sqft
~11 acre lot
– on site

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.

Listing courtesy of SFARMLS / Todd Clarke / NM Apartment Advisors, Inc.

Last checked: Checking… • Last updated Dec 3, 2024 •

MLS# 202234149 —

The Building

Basement:

false

Interior

Fireplace:

$false

Location

Directions:

In Espanola, from North Riverside drive and La Joya east to property.
Latitude:

35.999417
Longitude:

-106.054384

The Property

Parcel Number:

174655616
Property Type:

Land
Property Subtype:

Commercial
Property Subtype Additional:

Commercial
Lot Size Acres:

11.33
Lot Size SqFt:

493534.8
Lot Size Area:

11.33
Lot Size Source:

Survey
Lot Size Units:

Acres
Zoning:

R-1, 2, 3, 4, 5, 6
Zoning Description:

Multifamily
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Legal Description:

Tracts 1 & 2 containing 11.13+/- acres in Santa Fe County – Parcel #174655616 UPC 1047120470400000000

Utilities

Utilities:

SewerNotAvailable,WaterNotAvailable
Electric:

None
Sewer:

None
Water Source:

None

Schools

Elementary School:

Espanola
Middle Or Junior School:

Carlos F. Vigil Espanola Middle School
High School:

Espanola Valley High

The Community

Association:

false

Parking

Garage:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
6/6/24 Jun 6, 2024	Relisted	SFARMLS	$1,100,000
8/18/23 Aug 18, 2023	Pending	SFARMLS	$1,100,000
12/8/22 Dec 8, 2022	Listed / Active	SFARMLS	$1,100,000

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This plot of land located in Española, NM 86632 is currently for sale for $1,100,000. 1000 La Joya is a – square foot plot of land with – beds and – baths that has been on Estately for 742 days.

This IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the SANTA FE ASSOCIATION OF REALTORS®.