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

    Old Santa Fe Road Ranchos de Taos, NM 87557

    View on Map
    For Sale
    $147,500

    LAND - Ranchos de Taos, NM

    Lot size:
    2.42 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    17
    Last Refresh:
    Apr 1 at 5:06 am

    Property Features for Old Santa Fe Road

    General Information

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

    Taxes and HOA fees

    TaxDescription
    Tract 2A described in Bk 1093 Pgs 789-792 & Tract 2B in Bk 1093 Pgs 792-795 of Taos County records.
    TaxAnnualAmount
    11

    Utilities

    Water source
    Well Needed
    Water front features
    River Access

    We can help!

    Listing Contact
    Joel Schantz And Company

    Listing agent Joel Schantz And Company License #8233

    Listing office Berkshire Hathaway HomeServices Taos Real Estate 314 A Paseo del Pueblo Norte, Taos, NM

    Listing date Mar 16, 2026

    MLS# 114693

    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.

    Overview

    Land with River Frontage

    This 2.42-acre greenbelt parcel, located in Ranchos de Taos, New Mexico, includes water rights, electricity, and natural gas. The property features river frontage and offers views of Taos Mountain. According to a Letter of Map Amendment from FEMA, the 1% Annual Chance Flood Elevation is 6,901.6 feet, and a survey exhibit indicates that most of the property's elevation is above this level, potentially reducing flood insurance requirements.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Ranchos de Taos
    County
    Taos
    State
    New Mexico
    Longitude
    -105.6203567
    Latitude
    36.349009

    Nearby Similar for Sale

    • $90,100

      Secluded Lot with Unlimited Potential

      Tranquil, secluded lot with water rights and utilities nearby.
      Calle Miguel lot: 2, Ranchos de Taos, NM 87557
      View Details
    • $85,000

      Secluded Lot with Unlimited Potential

      Tranquil, secluded lot with water rights and utilities nearby.
      Calle Miguel lot: 5, Ranchos de Taos, NM 87557
      View Details
    • $77,775

      Secluded Lot with Unlimited Potential

      Tranquil vacant lot with water rights in gated community.
      Calle Miguel lot: 6, Ranchos de Taos, NM 87557
      View Details
    • $199,000

      Scenic Riverfront Land in Taos

      3.2-acre lot with river frontage, ideal for dream home.
      State Road 240, Ranchos de Taos, NM 87557
      View Details
    • $77,775

      Secluded Land with Water Rights

      Tranquil, private lot with water rights in Ranchos de Taos.
      Calle Miguel lot: 7, Ranchos de Taos, NM 87557
      View Details
    • $70,000

      Land with Sweeping Views

      3-acre lot with utilities near Taos Country Club.
      Los Cordovas Road lot: 22, Ranchos de Taos, NM 87557
      View Details
    • $92,650

      Land with Water Rights

      Secluded land parcel with water rights and utilities nearby.
      Calle Miguel lot: 4, Ranchos de Taos, NM 87557
      View Details
    • $68,000

      Land with Taos Landscape Views

      2.55-acre lot with views near Taos Country Club.
      Adams Rd, Ranchos de Taos, NM 87557
      View Details
    • $57,000

      Land in Ranchos de Taos

      One-acre parcel with mountain views and utilities available.
      W Romero Rd, Ranchos de Taos, NM 87557
      View Details
    • $90,100

      Land with Water Rights

      Secluded land with water rights and utilities nearby.
      Calle Miguel lot: 1, Ranchos de Taos, NM 87557
      View Details
    • $57,000

      Ranchos de Taos Land Parcel

      One-acre lot with utilities and mountain views in Ranchos de Taos.
      W Romero Rd, Ranchos de Taos, NM 87557
      View Details
    • $92,650

      Land with Water Rights

      Secluded land with water rights and utilities nearby.
      Calle Miguel lot: 3, Ranchos de Taos, NM 87557
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 2.42-acre greenbelt parcel with water rights and utilities.
    Where is this waterfront land located?
    The property is located at Old Santa Fe Road Ranchos de Taos, NM.
    What is the asking price?
    The asking price for this property is $147,500.
    What are key features of this property?
    This property features: Stunning views of Taos Mountain; River frontage; Water rights included
    (575) 758-1924
    We can help!
    Listing Contact
    Joel Schantz And Company
    Real Estate License ID: 8233
    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!