1310 Paseo Del Pueblo Norte El Prado, NM 87529

This exceptional 2.3-acre development site in El Prado, New Mexico (APN: 23S-057-08-008-00), presents a unique investment opportunity. Currently vacant, the property offers 30,410 square feet of total space, with 26,240 square feet of net rentable space, encompassing 336 units within a single-story structure. The site is ideally suited for redevelopment as a self-storage facility, capitalizing on the strong market demand in Taos County. Market analysis reveals blended rental rates 19% higher than the New Mexico average, with climate-controlled units commanding $26 per square foot and non-climate-controlled units at $14 per square foot. The average unit size is 78 square feet, and the current climate-controlled supply stands at 1 square foot per capita. The property boasts a 10% trailing twelve-month street rate trend increase. This is an outright sale or joint venture partnership opportunity in Taos, New Mexico's fastest-growing city. The lease type is gross, and there is no existing ground lease. The property is located at 1310 Paseo Del Pueblo Norte, El Prado, NM 87529.