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    705 Paseo Del Pueblo Sur Taos, NM 87571

    For Sale
    $1,300,000

    High-visibility, fully leased commercial complex

    Property size:
    7,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional Taos commercial property presents a compelling investment and development opportunity. Situated on a 0.6-acre lot at a high-traffic intersection, the property boasts two buildings totaling approximately 7,500 square feet. The complex includes a 3,000-square-foot restaurant and a 4,500-square-foot adobe building featuring four suites surrounding a courtyard. Currently fully leased with a strong occupancy and lease history, this property offers immediate income potential. The prime location, directly east of Albertson's and near Taos High School, ensures high visibility and excellent access. Ample parking is available, and the site's configuration is ideal for a drive-thru addition, capitalizing on its prominent corner location at the intersection of Paseo del Pueblo Sur and La Posta Road. The well-maintained adobe building features recent renovations and additions. Financial details are available upon request and execution of a non-disclosure agreement. Note: Buyers are advised to independently verify square footage and acreage. Any provided documents are for informational purposes only

    Property Features for 705 Paseo Del Pueblo Sur

    General Information

    Property type
    Retail properties
    Square Feet
    7,500 SF
    Lot Size
    26,136 SF

    Building Details

    Year Built
    1875
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Taos
    County
    Taos
    State
    New Mexico
    Longitude
    -105.5806
    Latitude
    36.39249

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    FAQs

    What type of property is this?
    Retail property - High-visibility, fully leased commercial complex
    Where is this retail property located?
    The property is located at 705 Paseo Del Pueblo Sur Taos, NM.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (575) 758-1924
    Request Owner's contact information
    705 Paseo Del Pueblo Sur Taos, NM 87571
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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
    705 Paseo Del Pueblo Sur Taos, NM 87571
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