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    2860 Main St Farmington, NM 87402

    For Sale
    Contact for pricing

    Prime Pad Sites, High Visibility, Growing Market

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional opportunity presents several commercial land sites totaling between 0.75 and 0.85 acres, ideally located on East Main Street in Farmington, New Mexico. The property boasts unparalleled visibility, with an estimated 38,000 vehicles passing daily. This high-traffic location ensures maximum exposure for any commercial development. The sites are zoned for General Commercial use, offering flexibility for a variety of businesses. The strategic location places the property amongst established national retailers, including a Starbucks ranked among the top 5 in New Mexico and a Planet Fitness consistently performing in the top 30% nationwide, attracting over 530,000 annual visitors. This proximity to successful businesses indicates a strong and thriving commercial environment. Direct access from East Main Street provides convenient ingress and egress. Farmington itself is a rapidly expanding community, serving as a regional hub for over 150,000 weekend shoppers from neighboring towns such as Aztec, Bloomfield, Durango, Kirtland, and Fruitland. This significant influx of consumers presents a substantial market for any business established on these prime pad sites. The property's location and surrounding commercial activity make it an exceptional investment opportunity with significant growth potential. The address is 2860 E Main St, Farmington, NM 87402, within San Juan County.

    Property Features for 2860 Main St

    General Information

    Property type
    Land
    Lot Size
    32,670 SF

    HighLights

    • High‑visibility location on E Main Street with 38,000 vehicles passing daily.
    • Strong co‑tenancy with high‑performing national retailers including Starbucks and Planet Fitness.
    • Direct access from E Main Street.
    • Excellent location in the growing Farmington market, serving over 150,000 weekend shoppers from surrounding communities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.1687204795
    Latitude
    36.743525585171

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    FAQs

    What type of property is this?
    Land - Prime Pad Sites, High Visibility, Growing Market
    Where is this land located?
    The property is located at 2860 Main St Farmington, NM.
    What are key features of this property?
    This property features: High-visibility location on E Main Street with 38,000 vehicles passing daily.; Strong co-tenancy with high-performing national retailers including Starbucks and Planet Fitness.; Direct access from E Main Street.
    Request Owner's contact information
    2860 Main St Farmington, NM 87402
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    Farmington, NM 87402
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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
    2860 Main St Farmington, NM 87402
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