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

    Calle Serena lot K Taos, NM 87571

    View on Map
    For Sale
    $79,500

    LAND - Taos, NM

    Lot size:
    10.00 Acres
    Added:
    Dec 20, 2024
    Days on Market:
    468
    Last Refresh:
    Apr 2 at 8:06 am

    Property Features for Calle Serena lot K

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Brush
    Standard status
    Active
    Lot size
    10.00 Acres

    Taxes and HOA fees

    TaxDescription
    10 +/- acres as described in Warranty Deed Book 1067 Page 546 of Taos County Records
    TaxAnnualAmount
    785

    Utilities

    Sewer type
    Unknown
    Water source
    Well Needed

    We can help!

    Listing Contact
    Julie Bevill

    Listing agent Julie Bevill License #REC-2024-0162

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

    Listing date Dec 20, 2024

    MLS# 112715 Listing URL

    Copyright © 2025 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

    Taos Land with Mountain Views

    This 10-acre lot is situated to capture mountain and gorge views. The property offers a building site suitable for a home. The subdivision borders the Rio Grande del Norte National Monument and is located close to The Carson National Forest. The property is located in Taos, New Mexico.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

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

    Nearby Similar for Sale

    • $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
    • $325,000

      Taos Multifamily Property Near Plaza

      Multifamily property with two units near the Plaza.
      735 Ranchitos Road, 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
    • $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
    • $550,000

      Taos Retail Showroom Opportunity

      Commercial property with showroom space in high-traffic location.
      726 Paseo del Pueblo Norte, Taos, NM 87571
      View Details
    • $195,000

      Land with Mountain and City Views

      3-acre lot with utilities, views, and easy access.
      Verde Rd N, Taos, NM 87571
      View Details

    FAQs

    What type of property is this?
    Land - 10-acre lot with mountain and gorge views in Taos.
    Where is this land located?
    The property is located at Calle Serena lot K Taos, NM.
    What is the asking price?
    The asking price for this property is $79,500.
    What are key features of this property?
    This property features: 10‑acre lot with STUNNING mountain and gorge views.; Borders Rio Grande del Norte National Monument.; Sweet building site ready for construction.
    (575) 758-1924
    We can help!
    Listing Contact
    Julie Bevill
    Real Estate License ID: REC-2024-0162
    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!