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Multi-Suite Office Plaza
For Sale
Contact for pricing
Pending

1909 E 20TH Street, Farmington, NM 87401

Office property with 20th Street frontage, onsite parking, and varied suite configurations.

Property SizeContact for details
Days on Market143

Property Features for 1909 E 20TH Street

General Information

Standard status Pending
Property subtype Special Purpose

Property Condition

Severity Repairs Needed
Evidence could use a bit of updating and a new lid

Additional Details

Road Access Yes
Office Units 12

Building Details

Tenancy Multi
Listing Agency: EXP Realty, LLC
Listed By: Michelle Anthony
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:27PM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This office plaza contains 12 individual office spaces, with 4 currently occupied. Suite sizes vary, providing a mix of office configurations within a single professional commercial property. One unit includes a bar-like layout and a patio oriented toward 20th Street.

The property fronts 20th Street with more than 200 feet of frontage and includes a substantial parking area. The improvements would benefit from updating, including replacement of the existing roof covering. Current lease rates and additional occupancy information are available to qualified buyers upon request.

Key Highlights

  • 12 Office Spaces with 4 Currently Occupied
  • Over 200 ft frontage on 20th Street
  • Large onsite parking lot

Property Analytics

Current Use

Capital Business Systems, ... Big Box & Wholesale Store Productive Outcomes Inc: ... Family Counselor Productive Outcomes, Inc. Business Service Center Four Corners Coalition-Mrrg Family Counselor SGC Engineering LLC Engineering Consultant

Suggested Use

Top Pick Real Estate Agency Bakery Parking Lot & Garage (Bike/Boat/Book/etc) Store Hotel & Motel Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

740
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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office property with 20th Street frontage, onsite parking, and varied suite configurations.
Where is this office building located?
The property is located at 1909 E 20TH Street Farmington, NM.
What are key features of this property?
This property features: 12 Office Spaces with 4 Currently Occupied; Over 200 ft frontage on 20th Street; Large onsite parking lot
(505) 554-3873 Call to check price and availability
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