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Commercial Land at Signalized Intersection
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1050 E MURRAY Drive, Farmington, NM 87401

Commercial land for sale or lease at Murray Drive.

Property Size1,952 SF
Price / SF$89.59
Days on Market2287

Property Features for 1050 E MURRAY Drive

General Information

Standard status Active
Size 1,952 SF
Property subtype Special Purpose, Land
Zoning GC
Listing Agency: Coldwell Banker Cornerstone Realty
Listed By: Rick Mace · License #NM
Source: Crexi
Added: May 28, 2020 Changed: Aug 8 Last Checked: Aug 8 at 4:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Cornerstone Realty

Investment Insights

Based on property information with market context.

This commercial property is located at the corner of a signalized intersection of Murray Drive / US 64 and McCormick School Road. The property is currently zoned General Commercial. The building was formerly McCormick Laundry. The owner will consider Real Estate Contract with $20,000 down and will also consider lease at $1,200 per month. The property size is 1,952 square feet.

Key Highlights

  • High‑visibility commercial location at a signaled intersection (Murray Drive/US 64 & McCormick School Road).
  • Zoned General Commercial, offering versatile business opportunities.
  • Owner financing is available with $20,000 down.

Property Analytics

Current Use

Raakgu Gym - Boxing, ... Training Center

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Locksmith Computer & Electronic Repair (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

266
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land for sale or lease at Murray Drive.
Where is this commercial land located?
The property is located at 1050 E MURRAY Drive Farmington, NM.
What is the asking price?
The asking price for this property is $174,888.
What are key features of this property?
This property features: High‑visibility commercial location at a signaled intersection (Murray Drive/US 64 & McCormick School Road).; Zoned General Commercial, offering versatile business opportunities.; Owner financing is available with $20,000 down.
(970) 660-5323 Call to check price and availability
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