107 Morada Ln Taos, NM 87571
This exceptional 2,035 sq ft Taos property offers a unique blend of commercial and residential possibilities. Situated on a 0.57-acre lot (.568 acres +/- total, 3 lots) with C-1 zoning (allowing multi-family residential development to R-14 density), it boasts a spacious, well-maintained contemporary studio with high ceilings and textured tile flooring. The open-concept design is perfect for a live/work environment, lease as a studio, or conversion into a unique desert haven. A utilitarian work area, kitchen, and multiple exits enhance functionality. Ample parking and a paved backyard with mature trees provide space for exhibitions or gatherings. The property's prime location, just off Kit Carson Road (US 64), offers excellent visibility and high foot and drive-by traffic, a short distance from Taos Plaza. Two additional lots are available for separate purchase and development, maximizing investment potential. This location provides easy access to Taos Plaza's vibrant cultural scene, restaurants, and shops, and excellent visibility on a major thoroughfare connecting to Angel Fire and the Enchanted Circle. Don't miss this rare opportunity to acquire a versatile property with significant development potential in a highly desirable Taos location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.