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    00 Paseo Del Pueblo Norte Taos, NM 87571

    Sponsored
    For Sale
    $1,995,000

    Prime Taos development land, 49 lots, mountain views.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 15.7-acre commercial land parcel presents a unique investment opportunity in the vibrant town of Taos, New Mexico. Located at 00 Paseo del Pueblo Norte, zip code 87571, this property boasts a pre-approved subdivision plan, ready for immediate development. The subdivision includes 49 individual lots, each measuring 1/4 acre, providing significant potential for a diverse range of commercial projects. An existing easement, granted by Taos Pueblo, ensures convenient access and utility infrastructure. The property's strategic location offers unparalleled convenience, with a variety of amenities within walking distance, including restaurants, an organic grocery store, and coffee shops. The stunning mountain views and Taos's robust real estate market create a compelling investment case, promising strong returns for developers. This is a rare chance to capitalize on the thriving Taos economy and create a successful commercial development in a highly desirable location. The property is priced at $1,995,000. Coordinates: 36.4072134 latitude, -105.5733788 longitude.

    Property Features for 00 Paseo Del Pueblo Norte

    General Information

    Property type
    Land
    Lot Size
    683,892 SF

    HighLights

    • $1,995,000 asking price.
    • 15.7‑acre commercial land parcel.
    • Located in Taos, NM, at 00 Paseo del Pueblo Norte, zip code 87571.
    • Town of Taos‑approved subdivision with 49 buildable lots (0.25 acres each).
    • Existing easement granted by Taos Pueblo.
    • Convenient walkability to restaurants, grocery, and coffee shops.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Dental Office Restaurant Hair Salon Spa & Massage Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Taos
    County
    Taos
    State
    New Mexico
    Longitude
    -105.5733788
    Latitude
    36.4072134

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    FAQs

    What type of property is this?
    Land - Prime Taos development land, 49 lots, mountain views.
    Where is this land located?
    The property is located at 00 Paseo Del Pueblo Norte Taos, NM.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: $1,995,000 asking price.; 15.7-acre commercial land parcel.; Located in Taos, NM, at 00 Paseo del Pueblo Norte, zip code 87571.
    (575) 758-1924
    Request Owner's contact information
    00 Paseo Del Pueblo Norte 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
    00 Paseo Del Pueblo Norte Taos, NM 87571
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