Property profile

705 Paseo Del Pueblo Sur Taos, NM 87571

OFF-MARKET
Retail properties & Spaces
Property ID
US61-0681174
7,500 SF 0.6 ac lot Built 1875
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Property summary

AI-generated overview

This exceptional Taos commercial property presents a compelling investment and development opportunity. Situated on a 0.6-acre lot at a high-traffic intersection, the property boasts two buildings totaling approximately 7,500 square feet. The complex includes a 3,000-square-foot restaurant and a 4,500-square-foot adobe building featuring four suites surrounding a courtyard. Currently fully leased with a strong occupancy and lease history, this property offers immediate income potential. The prime location, directly east of Albertson's and near Taos High School, ensures high visibility and excellent access. Ample parking is available, and the site's configuration is ideal for a drive-thru addition, capitalizing on its prominent corner location at the intersection of Paseo del Pueblo Sur and La Posta Road. The well-maintained adobe building features recent renovations and additions. Financial details are available upon request and execution of a non-disclosure agreement. Note: Buyers are advised to independently verify square footage and acreage. Any provided documents are for informational purposes only

Property profile

Verified
Property type Retail properties & Spaces
Year built 1875
Total area 7,500 SF
Lot 0.6 ac (26,136 SF)
UPID US61-0681174

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Accounting Firm Tax Preparation
  • Family Counselor
  • Physician Medical Clinic
  • Real Estate Agency

Location

705 Paseo Del Pueblo Sur Taos, NM 87571
Taos metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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