Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    111 Cerro Montoso Rd Taos, NM 87571

    View on Map
    Claim this Listing
    For Sale
    $100,000

    Vacant Land - Taos, NM

    Lot size:
    80.00 Acres
    Added:
    May 14, 2025
    Days on Market:
    335
    Last Refresh:
    Apr 13 at 4:06 pm

    Property Features for 111 Cerro Montoso Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    80.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    John Conger

    Listing agent John Conger

    Listing office National Land Realty, Central AZ 16446 E. Tombstone Avenue, Fountain Hills, NM

    Listing date May 14, 2025

    MLS# 11505421 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    80 Acres of Vacant Land

    This 80-acre vacant land parcel offers views of the Sangre De Cristo Mountains and the Rio Grande Gorge, along with views of Taos. The property is off-grid and suitable for recreational activities. Elk and mule deer inhabit the area, with occasional sightings of big horn sheep. The land is suitable for off-road vehicles or horseback riding, with access to public lands. The property may be suitable for building a cabin or parking an RV. The upper reaches of the mountain are well-treed. Another 160-acre parcel nearby is for sale by the same owner. The two parcels have an Elk Tag.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Taos
    County
    Taos
    State
    New Mexico
    Longitude
    -105.51
    Latitude
    36.4227

    Nearby Similar for Sale

    • $839,000

      Established Restaurant in Taos, NM

      Operating restaurant with established customer base since 1988.
      908 910 Paseo del Pueblo Norte, Taos, NM 87571-0000
      View Details
    • $499,000
      2,800 SF

      Charming Taos Duplex with Income

      Spacious duplex in Taos, NM, with rental income potential.
      104 Guthrie Lane unit: A & B, Taos, NM 87571
      View Details
    • $729,000
      3,964 SF

      Taos Adobe Compound Opportunity

      Multi-unit property in Taos with income potential and expansion possibilities.
      510 and 512 Anglada Ln, Taos, NM 87571
      View Details
    • $284,000

      Taos Commercial Development Site

      1.4-acre commercial land with utilities in place in Taos.
      Roy Road, Taos, NM 87571
      View Details
    • $375,000

      Taos Land Development Opportunity

      2.39-acre R-14 zoned land in Taos, ready for development.
      651 Gusdorf Rd, Taos, NM 87571
      View Details
    • $375,000

      Taos Land Development Opportunity

      2.39-acre R-14 zoned land in Taos, ready to build.
      651 Gusdorf Rd, Taos, NM 87571
      View Details
    • $325,000

      Taos Multifamily Property Near Plaza

      Multifamily property with two units near the Plaza.
      735 Ranchitos Road, Taos, NM 87571
      View Details
    • $658,000

      Taos Land with Water Rights

      Rare in-town land near Taos Plaza with water rights.
      Kit Carson Rd, Taos, NM 87571
      View Details
    • $895,000

      Taos Triplex Near Taos Plaza

      Triplex with long-term tenants, fireplaces, and laundry hook-ups near Taos Plaza.
      417 Liebert Street, Taos, NM 87571
      View Details
    • $387,500

      Land with Mountain Views, Taos

      4.79-acre property with well, septic, and mountain views.
      592 Paseo del Canon E, Taos, NM 87571
      View Details
    • $375,000

      Taos Commercial Land For Sale

      Four contiguous parcels ready for building in desirable Upper Colonias.
      HWY 150 lot: 1 To 4, Taos, NM 87571
      View Details
    • $375,000

      Taos Land Ready for Building

      Four contiguous parcels in Upper Colonias ready for building.
      HWY 150 lot: 1 To 4, Taos, NM 87571
      View Details

    FAQs

    What type of property is this?
    Land - 80 acres of vacant land with mountain views near Taos.
    Where is this land located?
    The property is located at 111 Cerro Montoso Rd Taos, NM.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: 80 acres with panoramic views of the Sangre De Cristo Mountains, Rio Grande Gorge, and Taos.; Off‑grid property offering privacy and seclusion.; Abundant wildlife including Elk, Mule Deer, and Big Horn Sheep.
    (602) 502-1580
    We can help!
    Listing Contact
    John Conger
    Real Estate License ID: BR547808000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!