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Land For Sale • 5.87 AC
The parcel at the southeast corner of Paseo del Norte & Woodmont Ave is a prime 5.87± acre development site ready to deliver one of the most in-demand real estate products in today’s market — self-storage. Located at the highly visible intersection, this parcel offers a rare combination of location, entitlement certainty, and investment upside that buyers and developers are looking for. This property is already fully entitled with a Conditional Use Permit (CUP) approved by the Zoning Hearing Examiner (ZHE) and a Site Plan Approval from the DFT (Development Facilitation Team) for self-storage development, saving valuable time and removing entitlement risk. In addition, it sits within a federal Qualified Opportunity Zone, providing buyers with significant tax incentives — including deferral, reduction, or even elimination of capital gains tax liability with a long-term hold.
| Strong Demand & Limited Supply: Current competitors are running at 96% capacity. |
| Explosive Residential Growth: Over 2,000 new homes and rental units planned or under construction nearby, driving up demand. |
| Proven Resilience: Self-storage has become one of the most recession-resistant sectors in real estate, consistently producing stable cash flow. |
| Revenue Opportunities: Developers have the flexibility to design facilities that capture premium rents. |
| Federal and Local Financial Incentives. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Los Ranchos-Journal Center (NMRX - Rio Metro Regional Transit District, Rail Runner Express - Rio Metro Regional Transit District) | 13 min | - | 8.0 mi |
| Montaño Station (NMRX - Rio Metro Regional Transit District) | 17 min | - | 8.8 mi |
| Airport | Drive | Walk | Distance |
| Albuquerque International Sunport | 41 min | - | 21.9 mi |
Danielle Davenport
Davenport Real Estate Group
Danielle Davenport
Davenport Real Estate Group
