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    712 Paseo Del Pueblo Norte Taos, NM 87571
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    712 Paseo Del Pueblo Norte, Taos, NM 87571

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    • Conventional restaurants
    • 3,914 SF
    For Sale
    $950,000
    View Listing →
    Established Restaurant Investment Opportunity For Sale
    $950,000
    3,914 SF

    Established Restaurant Investment Opportunity

    Profitable restaurant and coffee shop with highway frontage.

    712 Paseo Del Pueblo Norte, Taos, NM 87571
    View Listing
    Property ID
    US61-0559727
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Conventional restaurants

    Property Details for 712 Paseo Del Pueblo Norte

    Property type
    Conventional restaurants
    Property subtype
    Coffee shops

    Description

    HOSPITALITY/RESTAURANT INVESTMENT OPPORTUNITY! Taos Pizza Out Back, long a favorite of locals and visitors, open and operating since 1990, voted “Best in Taos” since 1993, has been reviewed in the NY Times and called the “best pizza in the state”. Like Taos itself, Taos Pizza Out Back has been refe ... rred to as not so much as a location, but as a state of mind – or, in the case of this amazing pizza, an exquisite state of palate. The Taos Coffee House, soon to open for coffee and breakfast. Artisan pizza, calzones, pastas, soups, salads and desserts – all awesome and delicious. Craft beers on tap and wine. Stable, long-standing-and-serving kitchen and front-of-house staff and management. High profits and cash-flows. Continuing annual increases in sales and market-share. Financials available upon request and an NDA. An authentic Taos venue on .5acres and two restaurant (2) buildings: The Pizzeria with open patios and decks and the Taos Coffee House with patio and deck, in front. Dog friendly. Good visibility. US Hwy 64 frontage, just North of Cid’s Market, on the route to Taos Ski Valley. Good traffic flow and parking. Two (2) full and newly equipped commercial kitchens. FF&E included. Beer and wine license.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Taos
    County
    Taos
    State
    New Mexico
    Longitude
    -105.57228
    Latitude
    36.4186402

    Comparable in this City

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      Established Restaurant Opportunity in Taos

      Operating restaurant in prime location with established customer base.
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    • $250,000

      Established Coffee Shop with Drive-Thru

      Turn-key coffee shop with drive-thru, high visibility, and loyal customers.
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    • $950,000

      Established Restaurant Investment Opportunity in Taos

      Profitable restaurant and coffee shop with highway frontage in Taos.
      712 Paseo Del Pueblo Norte, Taos, NM 87571
      View Details
    • Contact for pricing
      11,312 SF

      Modern Building with Bowling Lanes

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      Taos Plaza Commercial Development Opportunity

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    Similar Nearby for Sale

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      2,106 SF

      Versatile Commercial Space Near Taos Plaza

      Adaptable commercial or residential space near Taos Plaza.
      114 Dona Luz, Taos, NM 87571
      View Details
    • $839,000
      5,100 SF

      Established Restaurant Opportunity in Taos

      Operating restaurant in prime location with established customer base.
      908 Paseo Del Pueblo Norte, Taos, NM 87571
      View Details
    • $250,000

      Established Coffee Shop with Drive-Thru

      Turn-key coffee shop with drive-thru, high visibility, and loyal customers.
      1006 Paseo Del Pueblo Sur, Taos, NM 87571
      View Details
    • $950,000

      Established Restaurant Investment Opportunity in Taos

      Profitable restaurant and coffee shop with highway frontage in Taos.
      712 Paseo Del Pueblo Norte, Taos, NM 87571
      View Details
    • Contact for pricing
      11,312 SF

      Modern Building with Bowling Lanes

      Versatile space suitable for entertainment, office, or light industrial use.
      520 Canon Ct, Taos, NM 87571
      View Details
    • $1,990,000
      1,159 SF

      Taos Plaza Commercial Development Opportunity

      Prime Taos location, 60+ unit potential.
      227 Kit Carson Rd, Taos, NM 87571
      View Details

    Similar Nearby for Lease

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      Taos Commercial Space Available

      Office, retail, or specialty suites available for rent.
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    • $12 SF/Yr

      Taos Retail Space For Lease

      Retail suites available in Albertson's Market anchored shopping center.
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    Taos, NM 87571
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    712 Paseo Del Pueblo Norte, Taos, NM, 87571
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