900 RESOURCE Avenue Farmington, NM 87401
COMMERCIAL - Farmington, NM
- Added:
- Sep 30, 2024
- Days on Market:
- 652
- Last Refresh:
- Jul 13 at 12:06 am
Property Features for 900 RESOURCE Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Security features
- Security Lighting
- Standard status
- Pending
- Size
- 6,360 SF
Taxes and HOA fees
- Tax Description
- Lot 4 of the Animas Industrial Park Replat B1037 P357
Utilities
- Cooling system
- Central Air
Building Details
- Floors in Building
- 1
Listing agent David Harris License #12831 (505) 325-8863
Listing office Dimmick Realty 3555 E Main Ste A, NM (505) 325-8863
Listing date Sep 30, 2024
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.
Investment Insights
Based on property information with market context.
Key Highlights
- Office/warehouse property - suitable for headquarters.
- Separate shop building with overhead door and fenced yard.
- Features 12 private offices, 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 |
