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    River-Front Waterfront Land Title is generated by Realmo AI

    Tracts 2A 2B of Old Santa Fe Rd, Ranchos de Taos, NM 87557

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    For Sale
    $239,000

    LAND - Ranchos de Taos, NM

    Lot size:
    2.41 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 5:06 pm

    Property Features for Tracts 2A 2B of Old Santa Fe Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    2.41 Acres

    Taxes and HOA fees

    Tax Description
    S36, T25N, R12E; Part of Tract 177, Map 10, Survey 1; Tract 2A (1.18 ac) and Tract 2B (1.22)
    Tax Annual Amount
    11

    Utilities

    Water source
    Well Needed
    Water front features
    River Access

    We can help!

    Listing Contact
    Rudy Abeyta

    Listing agent Rudy Abeyta License #17812

    Listing office Abeyta Realty 1435 Santa Cruz Road, Taos, NM

    Listing date Jun 4, 2026

    MLS# 115126 Listing URL

    Copyright © 2026 Enchanted Circle Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • River frontage with river access on this Ranchos de Taos green belt parcel
    • Electric and natural gas available on the property
    • Views of Taos Mountain
    • Two parcels are for sale; seller requests the survey plat to understand the layout of the two lots
    • Located in Flood Zone A, with a FEMA Letter of Map Amendment stating the 1% annual chance flood elevation is 6901.6 feet
    • A survey exhibit is available showing most of the two lots are above 6901.6 feet (elevation above this does not require flood insurance)

    Overview

    This offering consists of two parcels identified as Tracts 2A and 2B of Old Santa Fe Rd in Ranchos de Taos, New Mexico. The property is described as a green belt parcel with electric and natural gas available. It also features river frontage and views of Taos Mountain, making it a natural fit for buyers seeking a secluded setting.

    The seller notes that both parcels are located in Flood Zone A. A Letter of Map Amendment from FEMA has been obtained, stating that the 1% Annual Chance Flood Elevation is 6901.6 feet, and the seller indicates that any elevation above this level does not require flood insurance. A survey exhibit is available showing that most of the two lots are above the identified elevation. The seller also requests that buyers bring the survey plat to understand the layout of the two lots.

    The parcels are private and secluded, while still positioned close to the Historic Ranchos de Taos Church, galleries, shops, schools, hiking trails, and numerous ski areas. With utilities noted onsite and waterfront frontage, the land can support a variety of residential or development concepts, subject to applicable site planning and any permitting requirements.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Ranchos de Taos
    County
    Taos
    State
    New Mexico
    Longitude
    -105.6132599
    Latitude
    36.35339186

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    FAQs

    What type of property is this?
    Waterfront Land - Waterfront land with electric and natural gas access and river frontage, offered as two parcels in Ranchos de Taos.
    Where is this waterfront land located?
    The property is located at Tracts 2A 2B of Old Santa Fe Rd Ranchos de Taos, NM.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: River frontage with river access on this Ranchos de Taos green belt parcel; Electric and natural gas available on the property; Views of Taos Mountain
    (575) 770-4168
    We can help!
    Listing Contact
    Rudy Abeyta
    Real Estate License ID: 17812
    Learn More
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    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.

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    Tracts 2A 2B of Old Santa Fe Rd, Ranchos de Taos, NM 87557
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