1817-1825 SCHOFIELD Lane, Farmington, NM 87401
COMMERCIAL - Farmington, NM
- Added:
- Jun 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 11 at 3:06 pm
Property Features for 1817-1825 SCHOFIELD Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 1,974 SF
- Lot size
- 0.95 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- BEG 80 FT N OF SE COR OF NWNWNW OF 11 29 13 W 230 FT, N 125
- Tax Annual Amount
- 2453
Utilities
- Heating system
- Natural Gas
- Cooling system
- Evaporative Cooling
Building Details
- Floors in Building
- 1
Listing agent Pamela Woolley License #36807 (505) 278-8431
Listing office Keller Williams 4251 E Main St, Ste F, Farmington, NM (505) 278-8431
Listing date Jun 10, 2026
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.
HighLights
- Two commercial parcels totaling approx. 0.95 acres in central Farmington just off 20th Street
- Approx. 1,974 SF existing building plus extensive fenced, outdoor areas for equipment storage and contractor use
- Well‑fenced and gated site with security and controlled access
- Former nursery property with outdoor space suited for landscaping businesses and inventory display
- Natural gas heating and evaporative cooling
Overview
The location is described as central Farmington, just off 20th Street, within an established commercial corridor. The remarks note convenient access to major streets and utilities, along with surrounding commercial activity, which can support a variety of storefront, service, and storage-oriented business models.
Given the combination of enclosed building area and substantial fenced yard space, this property can fit owner-users who need reliable controlled access for supplies, tools, or equipment, as well as businesses looking for flexibility in day-to-day operations. It also presents an option for redevelopment or adaptive reuse, with room to support multiple business or storage configurations on the combined parcels. Cash or new loan financing is being considered by the seller.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.1k | $14.76 |
| − Vacancy | −$1.3k | −$0.63 |
| EGI | $27.9k | $14.13 |
| − OpEx | −$8.4k | −$4.24 |
| NOI | $19.5k | $9.89 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- San Juan Nurseries Inc — 800 E 20th St, Farmington, NM 87401
- Old Farmhouse Community Garden — 908 E 20th St, Farmington, NM 87401
- Southwest Grow Supply — 2415 E 20th St Ste A, Farmington, NM 87401
- Carter Pest Services — E 15th St, Farmington, NM 87401
- Plunkett's Pest Control — 1431 Schofield Ln, Farmington, NM 87401
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- San Juan
- State
- New Mexico
- Longitude
- -108.182386
- Latitude
- 36.746789
