428 Theodora St Taos, NM 87571
This exceptional commercial property, located at 428 Theodora Street in Taos, New Mexico, presents a unique opportunity for business owners seeking a prominent location. Boasting 2,263 square feet, the building offers a versatile layout ideal for a variety of commercial uses. Currently zoned General Commercial, the property allows for diverse business opportunities. Originally constructed in the 1960s with a cinder block base and a 1971 frame addition, the building features a distinctive Pueblo-style stucco exterior. The upper level provides substantial office space, while the lower level offers ample basement storage. The approximately 0.72-acre lot provides extensive parking, a significant advantage in a high-traffic area. The property's landscaping includes an apple tree, silver leaf maple trees, and shrubbery. Its location on the north end of town ensures high visibility, with easy access from Theodora Street via Paseo del Pueblo Norte. Enjoy stunning views of Taos Mountain and the convenience of nearby gas stations, restaurants, and other businesses. The property is being sold "as is." This is an exceptional opportunity to establish a thriving business 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
Similar Nearby for Sale
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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.