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    227 C Kit Carson Rd Taos, NM

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    For Sale
    $2,290,000

    Cleared lot near Taos Plaza, suitable for hotel/condo development.

    Lot size:
    2.98 Acres

    Property Features for 227 C Kit Carson Rd

    General Information

    Lot size
    2.98 Acres

    Source: BHHS - Taos Real Estate Agent Debbie Friday Jagers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Taos Commercial Development Opportunity

    This commercial land presents a development opportunity located within 0.3 miles of Taos Plaza. The lot, formerly the site of an historic motel, has been cleared and is suitable for hotel, motel, condo, or other development projects. Town utilities are available at the lot. The location benefits from foot traffic and accessibility, supported by a resort hotel situated nearby. The seller has previously submitted plans to the Town of Taos for condo or hotel development on this site. Seller financing is available.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Taos
    County
    Taos
    State
    New Mexico
    Longitude
    -105.5730665
    Latitude
    36.4072485

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    FAQs

    What type of property is this?
    Commercial land - Cleared lot near Taos Plaza, suitable for hotel/condo development.
    Where is this commercial land located?
    The property is located at 227 C Kit Carson Rd Taos, NM.
    What is the asking price?
    The asking price for this property is $2,290,000.
    What are key features of this property?
    This property features: - Prime commercial development opportunity, located within .3 mile of Taos Plaza.; - Cleared lot ready for immediate development, ideal for a hotel, motel, condo, or other venture.; - Town utilities available at the lot.
    (575) 770-1618
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    227 C Kit Carson Rd Taos, NM
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    Taos, NM
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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
    227 C Kit Carson Rd Taos, NM
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