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    Xx Pinon Hl Blvd Farmington, NM 87401

    For Sale
    $253,500

    Prime NM Land - Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 37.25-acre land parcel, located at XX PINON HILLS Boulevard, Farmington, NM 87401, presents a unique investment opportunity. Boasting a substantial 1,611,720 square feet of land, this property offers endless possibilities for development. Situated in San Juan County, the property's precise location at latitude 36.7736082 and longitude -108.1909216 provides easy access to local amenities and infrastructure. The asking price for this expansive tract is $253,500. Given its size and location, this property is ideal for a variety of uses, from residential to commercial development, subject to local zoning regulations and approvals. Prospective buyers are encouraged to conduct their own due diligence regarding permitted land uses and development potential. The property is currently vacant land, providing a blank canvas for ambitious projects. This is a rare opportunity to acquire a significant land holding in a growing area of New Mexico. Serious inquiries are welcome. Contact us to schedule a private showing or virtual tour to explore the potential of this remarkable property. The property is listed at $253,500.

    Property Features for 0 Xx Pinon Hl Blvd

    General Information

    Property type
    Land

    HighLights

    • $253,500 asking price.
    • 37.25‑acre land parcel.
    • 1,611,720 square foot lot size.
    • Located at XX PINON HILLS Boulevard, Farmington, NM 87401.
    • San Juan County, New Mexico.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.1909216
    Latitude
    36.7736082

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    FAQs

    What type of property is this?
    Land - Prime NM Land - Investment Opportunity
    Where is this land located?
    The property is located at Xx Pinon Hl Blvd Farmington, NM.
    What is the asking price?
    The asking price for this property is $253,500.
    What are key features of this property?
    This property features: $253,500 asking price.; 37.25-acre land parcel.; 1,611,720 square foot lot size.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Xx Pinon Hl Blvd Farmington, NM 87401
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