#202403688, Kimberly Gaytan Pizano, Ken Martinez, Listing Office: Keller Williams Realty
Property details
About 1000 La Joya
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.
Highlights
Summary
- MLS Number: 202234149
- MLS Name: SFAOR
- Office Name: NM Apartment Advisors, Inc.
- Office Phone: (505) 440-8633
- Office Email: tclarke@nmapartment.com
- Listing Agent: Todd D. Clarke
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Last updated on: 3/3/2025, 11:55:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,100,000
1000 La Joya
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Price information
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Nearby schools
6
Eutimio Salazar Elementary School
Public District PK-6
0.4 mi
•1000 Zuni Ln
4
James H. Rodriguez Elementary School
Public District 1-6
1.8 mi
•333 N Coronado Ave
3
Tony E. Quintana Elementary School
Public District KG-6
1.8 mi
•11 Sombrillo Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,313. Most Espanola, NM residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
Living in Espanola, NM
About 1000 La Joya
This home is located at 1000 La Joya in Espanola, NM and zip code 87532. Features: 0 bathroom. It has been listed on Rocket Homes since December 8, 2022 and is currently priced at $1,100,000.
Over 0 listings were sold over their listed price in February 2025 in Espanola, NM. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price. The number of homes for sale in Espanola, NM decreased by 7.1% between January and February 2025. The median list price of listings available in February 2025 was $339,500, while the average time on the real estate market was 95 days.