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    1305 S Carlton Ave Farmington, NM 87401

    Sponsored
    For Sale
    $350,000

    Residential - Farmington, NM

    Lot size:
    5.47 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 7 at 7:06 pm

    Property Features for 1305 S Carlton Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed Use,Multi-family Low Den
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    5.47 Acres

    Building Details

    Architectural style
    Other

    Coldwell Banker Cornerstone Realty (970) 660-5323 [email protected]

    Listing agent Daniel J. Klepac (970) 660-5323 License #38781

    Listing date Jan 5, 2026

    MLS# 26-17 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 Multifamily Development Opportunity

    This is a 5.47 acre property zoned for multifamily use, offering flexibility for builders, developers, and investors. The zoning supports a range of development options, from duplexes to larger apartment complexes, tiny homes, and single-wide or double-wide mobile home parks. There is ample room for subdivision and the creation of custom residential homes. The property is located next to Sycamore Park and near local schools, hospitals, and essential amenities. Irrigation water rights are available. An additional possibility includes an urban farm concept with space for RV parking, storage, workshops, and additional structures. This property presents opportunity for residential development, income-producing housing, or a mixed-use concept in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Clothing Store Building Supply Gym & Fitness Pharmacy Skin Care Clinic Auto Repair 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
    -108.19008
    Latitude
    36.71666

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    FAQs

    What type of property is this?
    Land - 5.47 acres zoned for versatile multifamily development.
    Where is this land located?
    The property is located at 1305 S Carlton Ave Farmington, NM.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - 5.47 acres +/- zoned for multifamily use, offering diverse development options; - Valuable irrigation water rights included, enhancing property functionality; - Prime location next to Sycamore Park and near schools, hospitals, and essential amenities
    (970) 660-5323
    Request Owner's contact information
    1305 S Carlton 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
    1305 S Carlton Ave Farmington, NM 87401
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