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Farmington Land Development Opportunity
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1305 S CARLTON Avenue, Farmington, NM 87401

5.47 acre multi-family zoned land in Farmington, NM.

Property SizeContact for details
Lot Size5.47 Acres
Days on Market2075

Property Features for 1305 S CARLTON Avenue

General Information

Standard status Active
Lot size 5.47 Acres
Property subtype Land
Listing Agency: Coldwell Banker Cornerstone Realty
Listed By: Dan Klepac
Source: Crexi
Added: Jan 8, 2021 Changed: Aug 8 Last Checked: Aug 8 at 4:20AM

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 vacant land offers a development or investment opportunity. The property consists of 5.47 +/- acres and is located within Farmington City limits. Zoned for multi-family use, the land presents possibilities for subdivision and various housing options, including a mobile home park with singlewides, doublewides, and tiny homes. Water rights are available with an acceptable offer. The City of Farmington is open to zoning variances to promote growth in the area, as it serves as the commercial hub for the Four Corners Region.

Key Highlights

  • 5.47 +/- acres of vacant land within Farmington City limits.
  • Zoned multi‑family, offering diverse development options.
  • Potential for subdivision, increasing investment flexibility.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage Spa & Massage Center Bakery 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

217
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 5.47 acre multi-family zoned land in Farmington, NM.
Where is this residential land & home lot located?
The property is located at 1305 S CARLTON Avenue Farmington, NM.
What is the asking price?
The asking price for this property is $415,900.
What are key features of this property?
This property features: 5.47 +/- acres of vacant land within Farmington City limits.; Zoned multi‑family, offering diverse development options.; Potential for subdivision, increasing investment flexibility.
(505) 486-5391 Call to check price and availability
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