Flex Warehouse and Office
660 S Dustin Rd Farmington, NM 87401
660 S Dustin Rd, Farmington, NM, 87401
$435,000
For Sale
$435,000
Two buildings total 6,000 sq ft, including office space and multiple roll-up doors on a fenced gravel yard.
Property Size6,000 SF
Lot Size0.91 Acres
Price / SF$72.50
Days on Market119
Property Features for 660 S Dustin Rd
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.91 Acres
Listing agency
real estate pros
(505) 320-7487
Listed by
Scott Hawkes · License #53887
(505) 320-7487
Source
Exprealty
Added: Mar 25 Updated: Jul 21 at 12:50AM Checked: Jul 21 at 12:50AM
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 real estate pros
Investment Insights
Based on property information with market context.
This property includes two separate buildings on approximately 0.91 acres. The first building totals 3,600 sq ft and features 1,200 sq ft of office space with four offices, a kitchen area, and two bathrooms, with the remaining 2,400 sq ft supported by two 10-foot roll-up doors. The second building totals 2,400 sq ft and includes one 10-foot roll-up door and one 12-foot roll-up door.
The yard is graveled and enclosed with 6-foot chain link fencing, and the site has paved parking. The configuration supports flex-style use with dedicated office space alongside warehouse bay access.
Offered for sale, the property is well suited for automotive repair, welding, construction, or oilfield service operations based on the door count, office setup, and fenced outdoor work area.
The yard is graveled and enclosed with 6-foot chain link fencing, and the site has paved parking. The configuration supports flex-style use with dedicated office space alongside warehouse bay access.
Offered for sale, the property is well suited for automotive repair, welding, construction, or oilfield service operations based on the door count, office setup, and fenced outdoor work area.
Key Highlights
- Two buildings totaling 6,000 SF on 0.91 acres
- 3600 SF first building with 1200 SF office (4 offices), kitchen area, and 2 bathrooms
- First building includes 2, 10‑ft roll‑up doors and paved parking
Local Financial Insights For Industrial
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 | $56.9k | $9.48 |
| − Vacancy | −$4.3k | −$0.71 |
| EGI | $52.6k | $8.77 |
| − OpEx | −$15.8k | −$2.63 |
| NOI | $36.8k | $6.14 |
6,000 SF · lease $9.48/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$765.3K
$669.6K – $892.8K
NOI $53,568 @ 7.0% cap · market cap 12.31%
Second Best
Warehouse
$638.9K
$559.0K – $745.4K
NOI $44,722 @ 7.0% cap · market cap 10.28%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,886 @ 7.0% cap · market cap 19.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Barlow Blues Boutique
Clothing Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two buildings total 6,000 sq ft, including office space and multiple roll-up doors on a fenced gravel yard.
Where is this flex space located?
The property is located at 660 S Dustin Rd Farmington, NM.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Two buildings totaling 6,000 SF on 0.91 acres; 3600 SF first building with 1200 SF office (4 offices), kitchen area, and 2 bathrooms; First building includes 2, 10‑ft roll‑up doors and paved parking
