Farmington Commercial Property on
For Sale
$450,000
3650 BLOOMFIELD HWY, Farmington, NM 87401
COMMERCIAL - Farmington, NM
Property Size4,480 SF
Lot Size1.42 Acres
Price / SF$100.45
Days on Market130
Property Features for 3650 BLOOMFIELD HWY
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Industrial
Directions
Main Street to Browning Parkway, turn right on US 64/Bloomfield Highway, HME building on right.
Subdivision
Blmfld Hwy - Farm
Standard status
Active
Size
4,480 SF
Lot size
1.42 Acres
Taxes and HOA fees
Tax Description
B.1289 P.808 B.1380 P.1095
Tax Annual Amount
4013
Legal Description
B.1289 P.808 B.1380 P.1095
Utilities
Heating system
Natural Gas
Cooling system
Evaporative Cooling
Listing Agency:
Real Estate PROS
(505) 588-7767
Listed By:
Brandon Ryan · License #19754
(505) 588-7767
Added: Mar 24
Changed: May 13
Last Checked: Jul 31 at 8:06AM
MLS# 26-333
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.
Investment Insights
Based on property information with market context.
Located at 3650 Bloomfield Highway in Farmington, NM, this commercial property features highway frontage and accessibility. The location benefits from established businesses and consistent traffic. The property's adaptable space is suitable for various commercial uses, including retail, office, or service-based operations. The lot size is 1.42 acres. The property size is 4480 square feet. The zoning is industrial.
Key Highlights
- Prime highway frontage on Bloomfield Highway.
- Excellent accessibility and strong visibility.
- Adaptable space suitable for retail, office, or service‑based operations.
Financial Insights For Office B
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 | $66.7k | $14.88 |
| − Vacancy | −$13.3k | −$2.98 |
| EGI | $53.3k | $11.90 |
| − OpEx | −$13.3k | −$2.98 |
| NOI | $40.0k | $8.93 |
4,480 SF · lease $14.88/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$632.8K
$553.7K – $738.3K
NOI $44,297 @ 7.0% cap · market cap 9.84%
Second Best
Office B
$571.4K
$500.0K – $666.6K
NOI $39,997 @ 7.0% cap · market cap 8.89%
Theoretical Best
Office A
$926.8K
$810.9K – $1.08M
NOI $64,875 @ 7.0% cap · market cap 14.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 87401, NM
44,724
Population
17,611
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
88%
High-School Grad
132.8 sq mi
ZIP Area
337
Density / Sq Mi
$56,358
Median Household Income
$31,362
Median Earnings
$983
Median Rent
$202,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial property with highway frontage and excellent accessibility in Farmington.
Where is this commercial land located?
The property is located at 3650 BLOOMFIELD HWY Farmington, NM.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Prime highway frontage on Bloomfield Highway.; Excellent accessibility and strong visibility.; Adaptable space suitable for retail, office, or service‑based operations.
