450 La Posta Rd Taos, NM 87571
- Industrial properties
- 8,740 SF
- 8.09 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 450 La Posta Rd
- Lot size
- 8.09 lot acres
- Property size
- 8,740 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional 8,740-square-foot flex space property in Taos, New Mexico, presents a unique investment opportunity. Located at 450 & 452 La Posta Rd, 87571, this industrial property sits on a generous 8.09-acre lot and is priced at $2,500,000 ($286.04 per square foot). The property boasts significant potential for redevelopment, with existing R4 zoning allowing for various uses. Current features include a large adobe main home, a spacious guest house, and a heated 1800-square-foot barn/garage. Three wells and established water rights add considerable value. The property is gated and secure, featuring mature landscaping and a prime location near the heart of Taos. Ideal for a variety of projects, including a new subdivision, retreat center, or a clubhouse with casitas and manager's quarters. The property's versatility and desirable location make it an incredible opportunity for investors seeking a high-return asset with significant development potential. This is a rare chance to acquire a substantial property with existing structures and ample land in a highly sought-after area of Taos.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Taos
- County
- Taos
- State
- New Mexico
- Longitude
- -105.589
- Latitude
- 36.4032
