Popular Movie Set Request Site

Special Purpose for Sale
Catylist Listing ID: 30360138
Building Size (RSF): 10,676 SF
Gross Land Area: 2.60 Acres
Sale Price: $235,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Short Sale/Bank-Owned: Yes
Last Updated: 6/24/2019

Overview / Comments

$2.08 per foot for this great buy for a highway frontage land sale at the entry to Espanola on south west side of Highway 84-285. There is left highway turning lane onto to the property going into town and right access onto property leaving town. The property is the old Western Motel which probably needs to be scraped and the 2.596 acres of land re-purposed for higher and better use. The motel is badly deteriorating and would have to be torn down to studs with complete roof replacement and completely re-wired and plumbed with new flooring, and new f,f & e in order to be salvaged. It does not appear to be economically practical. Over past several years, several film companies have used the site as sets. The front acreage is level. Electric is to site. The Santa Cruz ditch runs through the back 2/3 of the property line and the property borders the Santa Cruz Pueblo. See Survey.

Additional Details

Nearest MSA: Espa
County: Rio Arriba
Taxing Authority: Espanola and Santa Fe 184739584
Tax ID/APN: 1048119135310000000
Property Visibility: Excellent
Largest Nearby Street: Riverside Drive - Hwy 285
Feet of Frontage: 343
Highway Access: Excellent. Left in Turning Land and Easy Access from South Lane
Airports: Santa Fe Regional Airport, Albuquerque International
Site Description: Great Visibility and Location from North and South. Level lot all the way to the ditch.
Area Description: Movie Theatre Close, Fast Foods and Motels.
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Poor
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Dated block siding, doors and windows boarded, asphalt deterioratingn
Parking Type: Surface
Parking Description: 48 spaces with parking available in front of each room.
Sprinklers: None
Heat Type: Electricity, Propane
Heat Source: Baseboard, Wall Units
Air Conditioning: Window Unit
Interior Description: Badly damaged from water and vandals.
Zoning Description: Espanola B-2 front and Santa Fe Residential rear
Lot Frontage: 345
Lot Depth: 562
Water Service: Municipal, Well
Sewer Type: Septic
Easements: Electric Lines
Easements Description: Overhead Electric Line and Irrigation Ditch
Land Ownership: Fee Simple
Legal Description: See Survey

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,188 14,123 17,552
Median Age: 42.16 37.84 37.66
Households: 477 5,649 6,926
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