11.33 Acres of Land for Sale in Espanola, New Mexico

BID process - start price $300,000Virtual tour at noon on 6/16Offer deadline noon 6/18 This site is strategically located at one corner of the Los Alamos/Espanola/Santa Fe employment triangle, which boasts a population of 217,008, with a median age of 45 and an average household income of $101,364. There is also opportunity to gain an additional 10 acres from adjacent land owners.The property is being offered via BID process with a start price of $300,000, equating to $4,545 per unit, or $0.60/sf with projected rents of $1,825 per unit or $1.82 per square foot. The current owners are pleased to provide conceptual site plans and development models to qualified developer/investors who complete the online confidentiality agreement.Subject property might qualify for the next roun