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    114 Dona Luz Taos, NM 87571

    Sponsored
    For Sale
    $745,000

    Versatile Taos commercial space, prime location.

    Property size:
    2,106 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,106 square foot commercial property is located just 100 yards from the Taos Plaza, in a high-traffic area within the historic and commercial districts. Boasting 10 designated parking spots—a valuable asset given new parking meters—this property features an eye-catching southwestern-style frontage with a covered portal patio. Nearly floor-to-ceiling windows provide abundant natural light and stunning views of Taos Mountain and the Sangre de Cristo range. The interior comprises two large open spaces with high ceilings, adaptable to various uses. A smaller 208 square foot room, currently a conference room, includes large windows and a half bath. A 163 square foot room with a kitchenette and a second half bath is also available. Forced heat and central air conditioning ensure year-round comfort. With a robust rental history spanning over a decade, including uses as a bike shop, childcare center, and real estate brokerage, this property currently enjoys 100% occupancy with a one-year remaining lease. The asking price is $745,000. This property presents a rare opportunity for a diverse range of businesses or a unique live/work arrangement in the heart of Taos. Its versatility makes it ideal for cafes, restaurants, studios, shops, or offices. Don't miss this chance to own prime commercial real estate in a highly desirable location.

    Property Features for 114 Dona Luz

    General Information

    Property type
    Manufacturing properties
    Square Feet
    2,106 SF

    HighLights

    • $745,000 asking price.
    • 2,106 square foot building on a commercial/industrial lot in Taos, NM.
    • 100% occupancy with a one‑year lease remaining.
    • Located 100 yards from Taos Plaza, in a high‑traffic area with 10 designated parking spaces.
    • Features two large open spaces, a smaller conference room, and a kitchenette.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Law Firm Wholesale Shop Auto Repair Shop Spa & Massage Hair Salon Auto Parts 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
    -105.5762225
    Latitude
    36.4073619

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    FAQs

    What type of property is this?
    Manufacturing property - Versatile Taos commercial space, prime location.
    Where is this manufacturing property located?
    The property is located at 114 Dona Luz Taos, NM.
    What is the asking price?
    The asking price for this property is $745,000.
    What are key features of this property?
    This property features: $745,000 asking price.; 2,106 square foot building on a commercial/industrial lot in Taos, NM.; 100% occupancy with a one-year lease remaining.
    Request Owner's contact information
    114 Dona Luz Taos, NM 87571
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    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
    114 Dona Luz Taos, NM 87571
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