Fenced Nursery & Garden
For Sale
$275,000
Pending
1817-1825 SCHOFIELD Lane, Farmington, NM 87401
COMMERCIAL - Farmington, NM
Property Size1,974 SF
Lot Size0.95 Acres
Days on Market51
Property Features for 1817-1825 SCHOFIELD Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Commercial
Directions
South on Schofield from 20th, behind the theaters.
Subdivision
6H
Standard status
Pending
Size
1,974 SF
Lot size
0.95 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
BEG 80 FT N OF SE COR OF NWNWNW OF 11 29 13 W 230 FT, N 125
Tax Annual Amount
2453
Legal Description
BEG 80 FT N OF SE COR OF NWNWNW OF 11 29 13 W 230 FT, N 125
Utilities
Heating system
Natural Gas
Cooling system
Evaporative Cooling
Building Details
Floors in Building
1
Listing Agency:
Keller Williams · Keller Williams Realty
(505) 278-8431
Listed By:
Pamela Woolley · License #36807
(505) 278-8431
Added: Jun 10
Changed: Jun 24
Last Checked: Jul 30 at 9:06PM
MLS# 26-670
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 offering consists of two commercial parcels totaling approximately 0.95 acres, with about 1,974 square feet of existing building space. The property was formerly operated as a nursery and includes extensive fenced outdoor areas designed to support equipment storage, contractor-type operations, landscaping activity, and outdoor inventory display. The site is well fenced and gated, providing controlled access and an additional layer of security for day-to-day use.
The location is described as central Farmington, just off 20th Street, within an established commercial corridor. The remarks note convenient access to major streets and utilities, along with surrounding commercial activity, which can support a variety of storefront, service, and storage-oriented business models.
Given the combination of enclosed building area and substantial fenced yard space, this property can fit owner-users who need reliable controlled access for supplies, tools, or equipment, as well as businesses looking for flexibility in day-to-day operations. It also presents an option for redevelopment or adaptive reuse, with room to support multiple business or storage configurations on the combined parcels. Cash or new loan financing is being considered by the seller.
The location is described as central Farmington, just off 20th Street, within an established commercial corridor. The remarks note convenient access to major streets and utilities, along with surrounding commercial activity, which can support a variety of storefront, service, and storage-oriented business models.
Given the combination of enclosed building area and substantial fenced yard space, this property can fit owner-users who need reliable controlled access for supplies, tools, or equipment, as well as businesses looking for flexibility in day-to-day operations. It also presents an option for redevelopment or adaptive reuse, with room to support multiple business or storage configurations on the combined parcels. Cash or new loan financing is being considered by the seller.
Key Highlights
- Two commercial parcels totaling approx. 0.95 acres in central Farmington just off 20th Street
- Approx. 1,974 SF existing building plus extensive fenced, outdoor areas for equipment storage and contractor use
- Well‑fenced and gated site with security and controlled access
Financial Insights For Retail
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 | $29.1k | $14.76 |
| − Vacancy | −$1.3k | −$0.63 |
| EGI | $27.9k | $14.13 |
| − OpEx | −$8.4k | −$4.24 |
| NOI | $19.5k | $9.89 |
1,974 SF · lease $14.76/SF/yr · vacancy 4.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$278.8K
$244.0K – $325.3K
NOI $19,518 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.4K
$357.3K – $476.4K
NOI $28,586 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
30k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 76%
Shops & Services 22%
Home Improvements & Furnishings 2%
SONIC Drive In
Dining
17,438 visits/mo
0.4 miles
Blake's LotaBurger
Dining
5,154 visits/mo
0.4 miles
Marathon
Shops & Services
4,265 visits/mo
0.3 miles
Jiffy Lube
Shops & Services
1,627 visits/mo
0.4 miles
Airgas
Home Improvements & Furnishings
721 visits/mo
0.3 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- San Juan Nurseries Inc — 800 E 20th St, Farmington, NM 87401
- Old Farmhouse Community Garden — 908 E 20th St, Farmington, NM 87401
- Southwest Grow Supply — 2415 E 20th St Ste A, Farmington, NM 87401
- Carter Pest Services — E 15th St, Farmington, NM 87401
- Plunkett's Pest Control — 1431 Schofield Ln, Farmington, NM 87401
Frequently Asked Questions
What type of property is this?
Nursery and garden center - Secure, fenced site with an existing building and extensive outdoor space for storage, contractor operations, or retail uses.
Where is this nursery and garden center located?
The property is located at 1817-1825 SCHOFIELD Lane Farmington, NM.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two commercial parcels totaling approx. 0.95 acres in central Farmington just off 20th Street; Approx. 1,974 SF existing building plus extensive fenced, outdoor areas for equipment storage and contractor use; Well‑fenced and gated site with security and controlled access
