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    1038-1040 Paseo Del Pueblo Sur Taos, NM 87571

    Sponsored
    For Sale
    $3,250,000

    Prime Taos location, high visibility, redevelopment potential.

    Property size:
    23,812 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 1038-1040 Paseo Del Pueblo Sur in Taos, New Mexico, presents a unique investment opportunity. The 3.127-acre site boasts excellent visibility and frontage on Paseo Del Pueblo Sur, with a new deceleration lane enhancing accessibility. The property includes two buildings totaling 23,812 square feet, zoned C-2 (General Commercial), allowing for diverse uses. One building, approximately 3,478 square feet, functions as a retail/showroom space directly facing Paseo Del Pueblo Sur. The second building, approximately 20,334 square feet, serves as a showroom and repair-service facility. Currently leased to a tenant until 2025, this property offers short-term income potential. The high-visibility location features prominent pylon signage. This property is ideal for an owner-user seeking a well-established location or a developer envisioning redevelopment opportunities within a thriving Taos commercial area. The asking price is $3,250,000, with a price per square foot of $136.49. The property's zip code is 87571, situated in Taos County.

    Property Features for 1038-1040 Paseo Del Pueblo Sur

    General Information

    Property type
    Automotive properties
    Square Feet
    23,812 SF
    Lot Size
    136,212 SF

    Building Details

    Buildings
    2

    HighLights

    • High‑visibility location with full Paseo del Pueblo Sur access.
    • Prominent pylon signage ensures high visibility.
    • C‑2 zoning offers diverse usage options.
    • Generates immediate short‑term rental income.
    • Ideal for owner‑occupancy or redevelopment projects.
    • Newly installed deceleration lane improves accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Taos
    County
    Taos
    State
    New Mexico
    Longitude
    -105.5875428
    Latitude
    36.3835787

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    FAQs

    What type of property is this?
    Automotive property - Prime Taos location, high visibility, redevelopment potential.
    Where is this automotive property located?
    The property is located at 1038-1040 Paseo Del Pueblo Sur Taos, NM.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: High-visibility location with full Paseo del Pueblo Sur access.; Prominent pylon signage ensures high visibility.; C-2 zoning offers diverse usage options.
    Request Owner's contact information
    1038-1040 Paseo Del Pueblo Sur 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
    1038-1040 Paseo Del Pueblo Sur Taos, NM 87571
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