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    7701 E Main St Farmington, NM 87402

    For Sale
    $780,000

    Commercial - Farmington, NM

    Property size:
    1,734 SF
    Lot size:
    4.82 Acres
    Days on Market:
    188
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 7701 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    21
    Parking features
    Parking Lot
    Size
    1,734 SF
    Lot size
    4.82 Acres

    Building Details

    Floors in Building
    1
    Number of units
    3
    Building materials
    Frame, Stucco
    Architectural style
    Other

    San Juan Realty (505) 327-4837 [email protected]

    Listing agent Dave Dailey (505) 327-4837 License #53774

    Listing date Jun 9, 2025

    MLS# 25-743 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

    Farmington Flea Market Opportunity

    The Farmington Flea Market, a local institution for over 50 years, spans 4.87 acres and features over 900 feet of highway frontage. The property can accommodate over 200 vendor spots, creating income opportunities. The 11,734 square foot concession building includes two restrooms, take-out windows, a grill with hood, and a triple-bay wash sink, suitable for events, food service, or expanded vendor operations. Additional income is generated from three highway billboards and an active cell tower lease. An on-site home and shop are included in as-is condition, offering potential for reimagining for additional use or income. The property is located directly across the street from Farmington Lake, providing access to recreational activities such as paddleboarding, swimming, fishing, hiking and camping. With high visibility and nearly 5 acres, the property has potential beyond its current utilization for business expansion or investment.
    Location Intelligence

    Current Use by Public Records

    Farmington Flea Market Flea Market

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Kitchen & Bath Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    San Juan North-Rudulfo's, Crestmoor Shopping Center, Coinstar Kiosk | Bitcoin ATM, Coin Cloud Bitcoin ATM, San Juan Plaza

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.105499
    Latitude
    36.788114

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    FAQs

    What type of property is this?
    Shopping center - Established flea market with concession building and income-generating extras.
    Where is this shopping center located?
    The property is located at 7701 E Main St Farmington, NM.
    What is the asking price?
    The asking price for this property is $780,000.
    What are key features of this property?
    This property features: - 4.87-acre property with **900+ feet of highway frontage**.; - Income potential from 200+ vendor spots.; - **11,734 sq ft concession building** with restrooms, take-out windows, grill, and triple-bay wash sink.
    (505) 327-4837
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    7701 E Main St Farmington, NM 87402
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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
    7701 E Main St Farmington, NM 87402
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