705 Paseo Del Pueblo Sur, Taos, NM 87571
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.