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    503 N Auburn Ave Farmington, NM 87401

    For Sale
    $375,000

    Commercial - Farmington, NM

    Property size:
    2,571 SF
    Lot size:
    1.86 Acres
    Days on Market:
    145
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 503 N Auburn Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Office & Profession
    Parking features
    Paved or Surfaced
    Size
    2,571 SF
    Lot size
    1.86 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Number of units
    1
    Flooring type
    Carpet, Tile
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Other

    Keller Williams Farmington (505) 278-8431 [email protected]

    Listing agent Barry J Digman (505) 278-8431 License #36807

    Listing date Jul 14, 2025

    MLS# 24-272 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

    Historic Office Building on Corner Lot

    This historic building in Farmington offers a versatile space, previously used as a doctor's office and a real estate office. The building features 7 to 8 offices, 1 to 2 waiting rooms, a reception area, and a kitchen space. It also includes a storage/IT room. For accessibility, the building provides 2 handicap-accessible restrooms and a ramped side entrance. Modern amenities include forced air, 2 refrigerated A/C units, and a security system. Situated on a corner lot spanning 1.86 acres, the property provides ample parking with potential for expansion. The grounds are well-irrigated. The building has a total area of 2571 square feet and is located in Farmington, New Mexico. The property's zoning is Office & Profession, making it suitable for office and medical office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Miller Carol W Doctor

    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
    -108.211438
    Latitude
    36.734292

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    FAQs

    What type of property is this?
    Office building - Versatile commercial building with ample parking on 1.86 acres.
    Where is this office building located?
    The property is located at 503 N Auburn Ave Farmington, NM.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Versatile historic building suitable for office or commercial use.; - Large corner lot (1.86 acres) with ample parking and expansion potential.; - Handicap-accessible with ramped entrance and 2 accessible restrooms.
    (505) 278-8431
    Request Owner's contact information
    503 N Auburn 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
    503 N Auburn Ave Farmington, NM 87401
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