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    522 Paseo Del Pueblo Norte Taos, NM 87571

    Sponsored
    For Sale
    $1,773,000

    5,795 sq ft, renovated Pueblo-style building

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 5,795 square foot, multi-use commercial/residential building in Taos, New Mexico, is located just 0.9 miles from Taos Plaza. Completely renovated from the cinder-block exterior walls to the interior, this Pueblo-style building is currently divided into three sections. The first section features five office suites with a shared reception area and two bathrooms (one ADA-compliant), accessible from Paseo del Norte. The central section, accessible from Theodora Street, is ideal for a live/work space, event venue, or wellness center, boasting a full kitchen, two bathrooms (one ADA-compliant), a reception area, and a separate office, along with a state-of-the-art audio/visual system and electronic drop-down screen. The third section, located downstairs, includes three office suites, ample storage, a kitchenette, a full bathroom, and a waiting/reception area. The property also features a beautiful outdoor garden and abundant parking. The building's renovation adhered to Taos' Historic Overlay Zone regulations, ensuring meticulous attention to detail. A new roof was installed in July 2024. Currently, over 80% occupied, with only two office suites available for lease, this property presents a unique investment opportunity in a prime Taos location. The asking price is $1,773,000.

    Property Features for 522 Paseo Del Pueblo Norte

    General Information

    Property type
    Manufacturing properties

    HighLights

    • $1,773,000 asking price for a 5,795 square foot multi‑use building.
    • Located 0.9 miles from Taos Plaza.
    • Completely renovated Pueblo‑style building with three separate sections.
    • Features office suites, a potential event space, and ample parking.
    • Currently over 80% occupied with existing income.
    • New roof installed July 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Spa & Massage 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
    -105.5686651
    Latitude
    36.4149294

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    FAQs

    What type of property is this?
    Manufacturing property - 5,795 sq ft, renovated Pueblo-style building
    Where is this manufacturing property located?
    The property is located at 522 Paseo Del Pueblo Norte Taos, NM.
    What is the asking price?
    The asking price for this property is $1,773,000.
    What are key features of this property?
    This property features: $1,773,000 asking price for a 5,795 square foot multi-use building.; Located 0.9 miles from Taos Plaza.; Completely renovated Pueblo-style building with three separate sections.
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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
    522 Paseo Del Pueblo Norte Taos, NM 87571
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