900 RESOURCE Avenue Farmington, NM 87401
Office/warehouse with shop building and fenced yard available for sale.
- Added:
- Oct 1, 2024
- Days on Market:
- 650
- Last Refresh:
- May 19 at 10:17 pm
Property Features for 900 RESOURCE Avenue
General Information
- Standard status
- Active
- Size
- 6,360 SF
- Property subtype
- Commercial/Industrial
Listing office Dimmick Realty (505) 320-6888
Listing date Oct 1, 2024
Source Exitrealty
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 Dimmick Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Office/warehouse property ideal for a headquarters.
- Separate shop building includes overhead door and fenced yard.
- Features 12 private offices, reception area, large break room, training room and conference room.
Local Financial Insights For Office B
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 | $94.6k | $14.88 |
| − Vacancy | −$18.9k | −$2.98 |
| EGI | $75.7k | $11.90 |
| − OpEx | −$18.9k | −$2.98 |
| NOI | $56.8k | $8.93 |
