661 W MAIN Street, Farmington, NM 87401
COMMERCIAL - Farmington, NM
- Added:
- May 20, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 7 at 4:06 am
Property Features for 661 W MAIN Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 791 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BK.1672 PG.753
- Tax Annual Amount
- 892
Building Details
- Floors in Building
- 1
Listing agent Doug Farley License #REC-2022-0038 (970) 946-6511
Listing office R1 New Mexico Farmington 206 W Main St., Farmington, NM (505) 326-0110
Listing date May 20, 2026
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.
HighLights
- Shop building size: 791 SF on a long, narrow parcel
- Parcel size is 0.21 acres (just under 1/4 acre)
- Located on West Main Street in the Farmington Metropolitan Redevelopment Area
- All city utilities available
- Adjacent to the Historic Mary Walters property and the Pizza Hut parking lot
- Central Business zoning; cash‑only sale (buyer to verify property usage)
Overview
The asset is located on West Main Street in the Farmington Metropolitan Redevelopment Area. The property sits next door to the Historic Mary Walters Property and adjacent to the parking lot for Pizza Hut. The listing also indicates the site is in a Central Business zoning area, and it notes that property usage should be verified by the buyer.
For tenants or buyers seeking a compact retail footprint, this configuration may be suitable for businesses that can work within a narrower parcel layout. The property is described as a cash-only sale, which may align with investors or owner-users prepared for that transaction structure.
Local 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 | $11.7k | $14.76 |
| − Vacancy | −$502 | −$0.63 |
| EGI | $11.2k | $14.13 |
| − OpEx | −$3.4k | −$4.24 |
| NOI | $7.8k | $9.89 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Bella-Flora & Cafe — 315 N Auburn Ave, Farmington, NM 87401
- Broadway Gifts & Flowers — 717 W Broadway, Farmington, NM 87401
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- San Juan
- State
- New Mexico
- Longitude
- -108.213646
- Latitude
- 36.728675
