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Farmington Multifamily Development Opportunity

1305 S CARLTON Avenue Farmington, NM 87401

1305 S CARLTON Avenue, Farmington, NM, 87401
$350,000
For Sale
$350,000

LAND - Farmington, NM

Lot Size5.47 Acres
Days on Market92

Property Features for 1305 S CARLTON Avenue

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Lot size
5.47 Acres

Taxes and HOA fees

Tax Description
S 512.8 FT OF TR 6, Rimrocks Subdivision, B.1420 P.413

Utilities

Water source
Public
Listing Agency Coldwell Banker Cornerstone
802 E 20th St., Farmington, NM
Listed by Colin Marshall · License #38781
Added: Apr 16 Checked: Jul 16 at 8:06 pm
MLS# 26-420 Listing URL

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 5.47-acre property is zoned for multifamily use, offering flexibility for builders, developers, and investors. Development options range from duplexes to apartment complexes, including tiny homes and mobile home parks. The site also allows for subdivision and custom residential homes. Located next to Sycamore Park and near schools, hospitals, and amenities, the property combines accessibility with growth potential. Irrigation water rights are available. The property also allows for an urban farm concept with space for RV parking, storage, workshops, and additional structures. This property is located in Farmington, NM.

Key Highlights

  • 5.47 acres +/- of land zoned for multifamily use, offering outstanding flexibility for development.
  • Supports diverse development options: duplexes, apartment complexes, tiny homes, mobile home park, or custom residential homes.
  • Valuable irrigation water rights are available.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Hair Salon Parking Lot & Garage Spa & Massage Center Bakery Skin Care Clinic Gym & Fitness Center Cafe & Coffee Shop Electrical Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Residential land & home lot - 5.47 acres zoned for multifamily development 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 $350,000.
What are key features of this property?
This property features: 5.47 acres +/- of land zoned for multifamily use, offering outstanding flexibility for development.; Supports diverse development options: duplexes, apartment complexes, tiny homes, mobile home park, or custom residential homes.; Valuable irrigation water rights are available.
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