107 Morada Ln Taos, NM 87571
- Warehouses
- 2,035 SF
- 0.57 lot acres
Current Use by Public Records
- Warehouses
Property Details for 107 Morada Ln
- Lot size
- 0.57 lot acres
- Property size
- 2,035 SF
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
This exceptional 2,035 square foot commercial warehouse, situated on a 0.57-acre lot in Taos, New Mexico, presents a unique investment opportunity. Located at 107 Morada Ln, Taos, NM 87571, this property boasts a C-1 zoning designation, allowing for diverse uses, including multi-family residential development up to R-14 density. The existing structure features high exposed ceilings, textured tile flooring, and ample natural and track lighting, creating a contemporary and versatile space. A utilitarian work area, kitchen, and multiple exits enhance functionality. The property includes ample open parking and a generous paved backyard ideal for outdoor events, dotted with mature trees. Its prime location offers excellent visibility and high foot and drive-by traffic, being just a short distance from Taos Plaza and its bustling commercial district. The property comprises three lots, with two additional lots available for future development, providing significant expansion potential. The asking price is $2,000,000, with a price per square foot of $982.80. This property offers an exceptional blend of existing commercial space and significant development potential in a highly desirable Taos location, making it an attractive investment for both immediate use and future growth. Excellent visibility on Kit Carson Road/US 64, Taos's main east-west road, ensures high traffic exposure.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Taos
- County
- Taos
- State
- New Mexico
- Longitude
- -105.608
- Latitude
- 36.4616
