227 Kit Carson Rd Taos, NM 87571

This exceptional 2.95-acre commercial land parcel presents a unique investment opportunity in the heart of Taos, New Mexico. Located just two blocks from the historic Taos Plaza, this property boasts a highly desirable location with easy access to shopping, dining, art galleries, and recreational trails. Previously approved for a hotel/condo development of up to 60+ units, this site is ready for immediate development, with existing utilities and infrastructure in place. The property includes a small multi-tenant rental structure situated at 122 Las Cruces Lane, providing immediate rental income potential. Dual access points from Kit Carson Road and Las Cruces Lane ensure convenient access and maneuverability. The property is comprised of three parcels, zoned C1 and R4, offering flexibility for various development scenarios. A luxury resort is located just a few blocks to the east, further enhancing the property's desirability and potential for high returns. This is a truly irreplaceable property in a vibrant and sought-after location, offering significant upside potential for the discerning investor. The asking price is $1,990,000. The address is 227 Kit Carson Rd, Taos, NM 87571.