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    120 S Commercial Ave Farmington, NM 87401

    Sponsored
    For Sale
    $475,000

    Commercial - Farmington, NM

    Property size:
    7,750 SF
    Days on Market:
    5
    Last Refresh:
    Jan 10 at 1:06 pm

    Property Features for 120 S Commercial Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    General Commercial
    Parking
    21
    Parking features
    Parking Lot, Paved or Surfaced
    Size
    7,750 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Multi Units, Window Unit(s)

    Building Details

    Floors in Building
    2
    Flooring type
    Tile
    Roof type
    Built-Up, Flat
    Architectural style
    Other

    Dimmick Realty (505) 325-8863 [email protected]

    Listing agent Michele M Martinez (505) 325-8863 License #20048

    Listing date Jan 6, 2026

    MLS# 25-1569 Listing URL

    Copyright © 2026 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 Commercial Building For Sale

    This two-story commercial building is located in downtown Farmington. Formerly an IHeart Radio Building, the property features multiple rented units on both the downstairs and upstairs levels. The building has a total size of 7,750 square feet and is zoned for General Commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -108.204146
    Latitude
    36.728397

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    FAQs

    What type of property is this?
    Office building - Two-story commercial building in downtown Farmington with multiple units.
    Where is this office building located?
    The property is located at 120 S Commercial Ave Farmington, NM.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Downtown location; - Multi-unit rental property in a two-story building; - Multiple cooling systems including central air
    (505) 486-5844
    Request Owner's contact information
    120 S Commercial 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
    120 S Commercial Ave Farmington, NM 87401
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