Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3040 E 20Th St Farmington, NM 87401

    For Lease
    $10 SF/Yr

    Retail and restaurant spaces ranging from 843 to 59,388 SF.

    Property size:
    59,388 SF
    Lot size:
    10.67 Acres

    Property Features for 3040 E 20Th St

    General Information

    Size
    59,388 SF
    Lot size
    10.67 Acres

    Source: Peterson Properties LLC Agent Vanessa Valadez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail and Restaurant Space Available

    This property offers retail and restaurant spaces, including anchor and junior anchor opportunities. Available spaces range from 843 square feet to 59,388 square feet, with monthly rates ranging from $1,200 to $60,000. Ground lease or build-to-suit pads are available. One space is 57,600 square feet and available for $11,995 per month. The property is located in Farmington, NM.
    Location Intelligence

    Current Use by Public Records

    Hula Honey Restaurant Hobby Lobby Craft Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    Crestmoor Shopping Center, Coinstar Kiosk - Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.1646646
    Latitude
    36.7491996

    Nearby Similar for Lease

    • $24 SF/Yr
      20,000 SF

      Retail Center on Main Street

      20,000+- SF shopping center with excellent visibility.
      5150 E Main St, Farmington, NM 87402
      View Details
    • $135,000
      5,000 SF

      Retail Space on Main Street

      Retail space with drive-thru in high-traffic Farmington corridor.
      2632 E Main St, Farmington, NM 87401
      View Details
    • $7 SF/Yr
      4,960 SF

      NM 170 Warehouse For Sale

      Single-tenant industrial warehouse.
      3100 Nm 170, Farmington, NM 87401
      View Details
    • Contact for pricing
      4,502 SF

      Four Corners Retail Space Available

      Prime Restaurant Space, High Traffic Area
      4917 Main St, Farmington, NM 87402
      View Details
    • $120,000
      6,765 SF

      Farmington Medical Office Space

      Exceptional 6,765 sq ft office building. Prime Farmington location.
      6600 Main St, Farmington, NM 87402
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space on Main Street

      Retail space available with monument and building signage.
      3554 E Main St, Farmington, NM 87402
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail and restaurant spaces ranging from 843 to 59,388 SF.
    Where is this shopping center located?
    The property is located at 3040 E 20Th St Farmington, NM.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Anchor, Jr. Anchor, Restaurant & Retail Space Available; - Flexible Space Options ranging from 843 SF to a spacious 59,388 SF; - Ground Lease or Build-to-Suit Pads Offered
    (505) 252-6978
    Request Owner's contact information
    3040 E 20Th St Farmington, NM 87401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3040 E 20Th St
    Farmington, NM 87401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3040 E 20Th St Farmington, NM 87401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.