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    5455 Xx Rd Farmington, NM 87401

    For Sale
    $79,900

    Spacious lot, prime location, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 87,120 square foot lot presents a fantastic opportunity for building your dream home in Farmington, New Mexico. Located at 5455 XX ROAD, zip code 87401, this expansive property offers ample space for a custom-built home or a manufactured home, providing flexibility to suit your needs and preferences. The generous lot size ensures privacy and allows for extensive landscaping or other outdoor amenities. Situated in San Juan County, this land benefits from a desirable location within Farmington, offering convenient access to local amenities, schools, and transportation routes. The asking price is $79,900. This is a rare opportunity to acquire a sizable parcel of land in a sought-after area, perfect for those seeking to create their ideal living space. The property is ready for immediate development, eliminating lengthy delays associated with land preparation. Don't miss this chance to secure your future in a thriving community. The coordinates are 36.6965753 latitude and -108.081176 longitude. This property is zoned for residential use.

    Property Features for 5455 Xx Rd

    General Information

    Property type
    Land

    HighLights

    • $79,900 asking price.
    • 87,120 square foot land parcel.
    • Located in Farmington, NM, zip code 87401, San Juan County.
    • Suitable for site‑built or manufactured home construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.081176
    Latitude
    36.6965753

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    FAQs

    What type of property is this?
    Land - Spacious lot, prime location, ready to build.
    Where is this land located?
    The property is located at 5455 Xx Rd Farmington, NM.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: $79,900 asking price.; 87,120 square foot land parcel.; Located in Farmington, NM, zip code 87401, San Juan County.
    Request Owner's contact information
    5455 Xx Rd Farmington, NM 87401
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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
    5455 Xx Rd Farmington, NM 87401
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