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    35295 Us Highway 285, Unit 1 Ojo Caliente, NM 87549

    For Sale
    $279,000

    SINGLE_FAMILY - Ojo Caliente, NM

    Type:Retail
    Property size:
    1,500 SF
    Lot size:
    0.75 Acres
    Days on Market:
    65
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 35295 Us Highway 285

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    APN
    0027610
    Parking features
    Parking Lot, On Street
    Size
    1,500 SF
    Lot size
    0.75 Acres

    Utilities

    Sewer type
    Septic Tank

    Building Details

    Year built
    1996
    Building materials
    Frame
    Roof type
    Metal

    Barker Realty LLC (505) 982-9836 [email protected]

    Listing agent Rebekah Clark (505) 577-1059 License #52242

    Listing date Oct 2, 2025

    Copyright © 2025 Santa Fe Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ojo Caliente Mixed-Use Property

    Located on Highway 285, directly across from the entrance to the Ojo Caliente Spa & Resort, this mixed-use property offers an opportunity to tap into a high-traffic location. Situated on 0.75 acres, the property has visibility, traffic exposure, and accessibility, suitable for various uses. The property includes 1500 square feet of space with an additional 825 square foot garage/studio space attached. Previously operated as a restaurant, the property includes some appliances needed to get a restaurant operational, including pizza ovens. The space is ready for occupancy and offers room to expand or customize the layout. With its proximity to Ojo Caliente Spa & Resort, this location benefits from a flow of visitors year-round.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Wine and Liquor Store Bed & Breakfast Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ojo Caliente
    County
    Taos
    State
    New Mexico
    Longitude
    -106.0448671
    Latitude
    36.30186486

    FAQs

    What type of property is this?
    Restaurant - Commercial/residential property near Ojo Caliente Spa & Resort.
    Where is this restaurant located?
    The property is located at 35295 Us Highway 285, Unit 1 Ojo Caliente, NM.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - Prime location directly across from Ojo Caliente Spa & Resort, ensuring high visibility and traffic.; - Equipped with restaurant appliances and pizza ovens, reducing start-up costs.; - Mixed-use property (commercial/residential) offering flexibility.
    (505) 577-1059
    Request Owner's contact information
    35295 Us Highway 285, Unit 1 Ojo Caliente, NM 87549
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    Ojo Caliente, NM 87549
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    Realmo Value Estimation

    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.

    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.

    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
    35295 Us Highway 285, Unit 1 Ojo Caliente, NM 87549
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