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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1038-1040 Paseo Del Pueblo Sur Taos, NM 87571

23,812 SF 3.13 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Total area 23,812 SF
Lot 3.13 ac (136,212 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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