Cochiti St St Farmington, NM 87401
This exceptional 2.98-acre commercial lot presents a remarkable investment opportunity in the heart of Farmington, New Mexico. Situated conveniently off East Main Street, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The lot is completely level, simplifying development and minimizing site preparation costs. Utilities are already in place, streamlining the construction process and reducing upfront expenses. Its strategic location near the downtown area ensures high traffic volume and exposure to a substantial customer base. This prime location is perfect for businesses seeking maximum visibility and convenient access for customers and employees. The versatility of the property allows for a variety of uses, including retail establishments, office spaces, or mixed-use developments. The high demand for commercial properties in this thriving area makes this a truly exceptional investment opportunity with significant potential for long-term growth and profitability. This is a rare chance to acquire a large, level, and highly visible commercial lot in a desirable location, ready for immediate development. Don't miss this chance to secure a prime piece of Farmington real estate.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.