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Updated Medical Office Building
For Sale
Contact for pricing
Pending

708 E 20TH Street, Farmington, NM 87401

Multi-unit medical office property with specialized dental improvements, refrigeration, and forced-air heating.

Property Size5,233 SF
Days on Market142

Property Features for 708 E 20TH Street

General Information

Standard status Pending
Size 5,233 SF
Property subtype Special Purpose

Additional Details

Office Units 5

Building Details

Building Size 5,233 SF
Tenancy Multi
Listing Agency: EXP Realty Commercial
Listed By: Allen Elmore · License #FA100100921
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:55AM

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 Commercial

Investment Insights

Based on property information with market context.

This 5,233-square-foot medical office property is configured across five units. Unit A includes a dental office layout with a lobby and reception area, 10 exam rooms, 9+ offices, 2 basements, and substantial storage. The space has been updated and includes refrigerated air and forced-air heating. Units B through E provide an additional five offices and two bathrooms, supporting multiple office configurations within the building.

The current tenant occupies Units A and B under a lease extending through 2025. The property also includes a newer roof and dental-related equipment tied to the building. Located at 708 E 20TH Street in Farmington, the building offers a combination of specialized medical improvements and separately configured office areas.

Key Highlights

  • 5,233sf medical office building at 708 E 20TH Street, Farmington, NM 87401
  • Unit A includes 10 exam rooms, 9+ offices, 2 basements, lobby/reception, and storage
  • Units B‑E include 5 offices and 2 bathrooms

Property Analytics

Current Use

Mountain Dental - Farmington Dental Office Dr. Michael Cusack Dental Office Ronald Stephen Johnson Dental Office Bruce Douglas Volkerding Dental Office Boddy & Associates Insurance Agency

Suggested Use

Top Pick Real Estate Agency HVAC Service Bakery Electrical Service Grocery & Convenience Store Skin Care Clinic

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

5
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

470
Businesses Nearby
Under-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Multi-unit medical office property with specialized dental improvements, refrigeration, and forced-air heating.
Where is this medical office space located?
The property is located at 708 E 20TH Street Farmington, NM.
What are key features of this property?
This property features: 5,233sf medical office building at 708 E 20TH Street, Farmington, NM 87401; Unit A includes 10 exam rooms, 9+ offices, 2 basements, lobby/reception, and storage; Units B‑E include 5 offices and 2 bathrooms
(505) 686-3831 Call to check price and availability
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