$1,100,000

1000 La Joya Espanola, NM 86632

11.3 acres
Land

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

Home typeBusiness
StatusActive
Lot size11.33 Acres
MLS #202234149

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

IDXThe data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of Santa Fe Association of REALTORS® MLS, Inc. Real estate listings held by brokers other than this broker are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright © 2025 Santa Fe Association of REALTORS® All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

Property sales

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Tax history

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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.

All data from GreatSchools

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.

How much money do the neighbors make?

50%
<35k
37%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
17%
Single, with Kids
19%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
36%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • KmartKmart

Where do the neighbors go to eat?

  • SonicSonic
  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans

What do the neighbors drive?

  • OldsmobileOldsmobile
  • RamRam
  • BuickBuick

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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