Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5401 Colibri Pl Farmington, NM 87402

    For Sale
    $59,900

    Build your dream home on this stunning 2-acre lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 87,120 square foot lot, located at 5401 COLIBRI Place in Farmington, New Mexico, presents a unique opportunity for building a custom home. Situated in San Juan County, zip code 87402, this property boasts a desirable location. The lot is conveniently positioned with utilities readily accessible at the paved road, simplifying the construction process. Priced at $59,900, this represents an excellent investment in a beautiful desert setting. The seller is open to considering a real estate contract as a purchase option. This expansive 2-acre parcel offers ample space to create your ideal living environment. Don't miss this chance to secure your future and build your dream home in this sought-after location. The property's coordinates are 36.8181426 latitude and -108.1412031 longitude. This is a prime opportunity for those seeking a tranquil yet accessible location to build their dream home. The land is ready for immediate development.

    Property Features for 5401 Colibri Pl

    General Information

    Property type
    Land

    HighLights

    • 2‑acre lot (87,120 sq ft) in Farmington, NM (87402).
    • Located on a paved road with readily accessible utilities.
    • Priced at $59,900; seller open to contract for deed.
    • Ideal for custom home construction.
    • Coordinates: 36.8181426 latitude, -108.1412031 longitude.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.1412031
    Latitude
    36.8181426

    Nearby Similar for Sale

    • New
      $350,000
      8,308 SF

      Farmington Commercial Building with Redevelopment Potential

      Spacious commercial building in Farmington's redevelopment area, offering versatile space.
      213 S Orchard Ave, Farmington, NM 87401
      View Details
    • $2,900,000
      16,498 SF

      Modern Multi-Use Commercial Building

      Upscale commercial property with high-income tenant and expansion potential.
      2050 Knudsen Ave, Farmington, NM 87401
      View Details
    • $1,549,999
      8,210 SF

      Farmington Professional Office Building

      Sophisticated office building with multiple executive offices and flex areas.
      2705 Rabbitbrush Dr, Farmington, NM 87402
      View Details
    • $425,000
      2,148 SF

      Farmington Commercial Property For Sale

      High-traffic commercial property suitable for office, professional, or service businesses.
      305 E 20Th St, Farmington, NM 87401
      View Details
    • $280,000
      2,547 SF

      Farmington Office Building with Garage

      2,547 sq ft commercial office building with versatile character.
      624 E Comanche St, Farmington, NM 87401
      View Details
    • $375,000
      2,571 SF

      Historic Office Building on Corner Lot

      Versatile commercial building with ample parking on 1.86 acres.
      503 N Auburn Ave, Farmington, NM 87401
      View Details

    FAQs

    What type of property is this?
    Land - Build your dream home on this stunning 2-acre lot.
    Where is this land located?
    The property is located at 5401 Colibri Pl Farmington, NM.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: 2-acre lot (87,120 sq ft) in Farmington, NM (87402).; Located on a paved road with readily accessible utilities.; Priced at $59,900; seller open to contract for deed.
    Request Owner's contact information
    5401 Colibri Pl Farmington, NM 87402
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5401 Colibri Pl
    Farmington, NM 87402
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5401 Colibri Pl Farmington, NM 87402
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.