Listing Agency: R1 New Mexico Farmington s***@gmail.com Show Phone

Listed By: Shelbie DiGiacomo · License #REC-2022-0038

Source: Crexi

Added: May 21 Changed: Aug 14 Last Checked: Aug 29 at 10:48PM

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Investment Insights

Based on property information with market context.

Located on West Main Street in the Farmington Metropolitan Redevelopment Area, this property features a 791-square-foot shop on a narrow parcel of approximately 0.21 acres. The site is equipped with all city utilities. Situated next to the Historic Mary Walters Property and the Pizza Hut parking lot, this location offers potential for redevelopment or commercial use.

Key Highlights

• Located in the Farmington Metropolitan Redevelopment Area.
• All city utilities are available.
• Property size is .21 acres (just under 1/4 acre).

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Garden Center HVAC Service Veterinary Clinic Catering Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,671

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Commercial land in Farmington Metropolitan Redevelopment Area, ideal for development.

Where is this commercial land located?

The property is located at 661 W MAIN Street Farmington, NM.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: Located in the Farmington Metropolitan Redevelopment Area.; All city utilities are available.; Property size is .21 acres (just under 1/4 acre).