Irrigated Farm Parcel with
12 A ROAD 5267 Farmington, NM 87401
New
For Sale
$278,800
LAND - Farmington, NM
Property Size1,868 SF
Lot Size4.86 Acres
Price / SF$149.25
Days on Market2
Property Features for 12 A ROAD 5267
General Information
Property type
Land
Property subtype
Other
Fencing
Chain Link, Barbed Wire
Standard status
Active
Lot size
4.86 Acres
Taxes and HOA fees
Tax Description
4.86 AC B.1339 P.161
Tax Annual Amount
2537
Listing Agency:
Keller Williams
(505) 278-8431
Listed By:
Pamela Woolley · License #39579
(505) 278-8431
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 6:06AM
MLS# 26-928
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This for-sale irrigated farm parcel offers approximately 4.68+/- acres with functional irrigation equipment and fertile acreage. The property includes adjudicated water rights, with the buyer to verify. An additional 1,868-square-foot shop with four bay doors supports storage and workspace needs for equipment and other uses consistent with farm operations.
The parcel is described as being ideally situated between Farmington and Bloomfield in San Juan County, New Mexico.
For access, the lockbox for the shop is on the gate. Please schedule an appointment on Broker Bsy.
The parcel is described as being ideally situated between Farmington and Bloomfield in San Juan County, New Mexico.
For access, the lockbox for the shop is on the gate. Please schedule an appointment on Broker Bsy.
Key Highlights
- 4.68+/- acre irrigated parcel in San Juan County
- Includes adjudicated water rights (buyer to verify) and functional irrigation equipment
- Substantial 1,868 SF shop with four bay doors for RV/storage, equipment, or home‑based uses
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.7k | $9.48 |
| − Vacancy | −$1.3k | −$0.71 |
| EGI | $16.4k | $8.77 |
| − OpEx | −$2.5k | −$1.32 |
| NOI | $13.9k | $7.45 |
1,868 SF · lease $9.48/SF/yr · vacancy 7.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$198.9K
$174.0K – $232.1K
NOI $13,923 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$386.4K
$338.1K – $450.9K
NOI $27,051 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Irrigated acreage with functional irrigation equipment and a 1,868-square-foot shop featuring four bay doors.
Where is this agricultural land / farmland located?
The property is located at 12 A ROAD 5267 Farmington, NM.
What is the asking price?
The asking price for this property is $278,800.
What are key features of this property?
This property features: 4.68+/- acre irrigated parcel in San Juan County; Includes adjudicated water rights (buyer to verify) and functional irrigation equipment; Substantial 1,868 SF shop with four bay doors for RV/storage, equipment, or home‑based uses
