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    1001 Hope Ave Farmington, NM 87401

    For Sale
    $64,999

    Residential - Farmington, NM

    Lot size:
    1.00 Acre
    Days on Market:
    67
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 1001 Hope Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Single-family Mh
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    Real Broker, LLC (855) 450-0442 [email protected]

    Listing agent Amberly M Aranda (505) 557-4976 License #52783

    Listing date Oct 10, 2025

    MLS# 25-1336 Listing URL

    Copyright © 2025 San Juan County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Farmington Residential Land with Utilities

    This residential land is located in a subdivision designed for manufactured double-wide homes. The property is ready for development and offers opportunities for building a home. Utilities are available on the street, including natural gas. An existing septic system and foundation are already in place. The lot size is 1 acre. The property is located in Farmington, New Mexico.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Wholesale Shop Auto Repair Shop HVAC Service Electrical Service Computer & Electronic Repair Smoke and Vape Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.124159
    Latitude
    36.72112

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential land in Farmington ready for development with existing utilities.
    Where is this residential land & home lot located?
    The property is located at 1001 Hope Ave Farmington, NM.
    What is the asking price?
    The asking price for this property is $64,999.
    What are key features of this property?
    This property features: - Utilities (natural gas) available on the street.; - Existing septic system in place.; - **Foundation already exists on the property.**
    (505) 557-4976
    Request Owner's contact information
    1001 Hope Ave Farmington, NM 87401
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    Farmington, NM 87401
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1001 Hope Ave Farmington, NM 87401
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