Renovated Office
For Sale
Contact for pricing
2100 N HUTTON Avenue, Farmington, NM 87402
Professional property with a client reception area and private work or consultation rooms.
Property Size1,344 SF
Price / SF$230.65
Days on Market54
Property Features for 2100 N HUTTON Avenue
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Land
Listing Agency:
RE/MAX of Farmington
Listed By:
Crystal Chavez · License #REC20220894
(505) 793-1530
Source:
Crexi
Added: Aug 26
Changed: Oct 12
Last Checked: Oct 16 at 6:38AM
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 RE/MAX of Farmington
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1344-square-foot office building has been renovated and previously served as a dental office. Its interior includes a welcoming sitting area along with private workspaces or consultation rooms, creating a practical arrangement for professional operations.
The property is located at 2100 N HUTTON Avenue in Farmington, NM 87402. The existing layout combines client-facing space with enclosed areas for work or consultations, offering a defined office configuration within a compact commercial building.
The property is located at 2100 N HUTTON Avenue in Farmington, NM 87402. The existing layout combines client-facing space with enclosed areas for work or consultations, offering a defined office configuration within a compact commercial building.
Key Highlights
- Renovated 1344‑square‑foot office building
- Previously utilized as a dental office
- Welcoming sitting area for clients or patients
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,999
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,980
$240.0K
Cap Rate 7%
$171,414
$171.4K
Cap Rate 9%
$133,322
$133.3K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$20.0K $14.88/SF
− Vacancy
−$4.0K −$2.98/SF
EGI
$16.0K $11.90/SF
− OpEx
−$4.0K −$2.98/SF
NOI
$12.0K $8.93/SF
Area
San Juan County, NM
Vacancy
20.00%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,980
Cap Rate 7%
$171,414
Cap Rate 9%
$133,322
Alternative Uses
Best Use
Office B
$171.4K
$150.0K – $200.0K
NOI $11,999 @ 7.0% cap · market cap 3.87%
Second Best
Healthcare Medical
$151.7K
$132.7K – $177.0K
NOI $10,617 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$278.0K
$243.3K – $324.4K
NOI $19,462 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
Explore this area
Business Placement
Demographics for 87402, NM
11,646
Population
4,146
Households
2.8
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
15.5 sq mi
ZIP Area
751
Density / Sq Mi
$76,992
Median Household Income
$43,958
Median Earnings
$1,042
Median Rent
$269,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Professional property with a client reception area and private work or consultation rooms.
Where is this office building located?
The property is located at 2100 N HUTTON Avenue Farmington, NM.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Renovated 1344‑square‑foot office building; Previously utilized as a dental office; Welcoming sitting area for clients or patients
