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

    2705 Rabbitbrush Dr Farmington, NM 87402

    For Sale
    $1,599,999

    8,210 sq ft Commercial Land, $1.6M

    Property size:
    8,210 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8,210-square-foot commercial land parcel in Farmington, New Mexico, presents a unique investment opportunity. Located at 2705 RABBITBRUSH Drive, 87402, this property boasts a sophisticated professional office building with diverse usage potential. The building features six baths, three kitchens, eight executive-sized offices, a spacious waiting area, multiple conference rooms, and two large flexible office spaces. High-end features include a security system, alarms, professional telephone lines, three HVAC units, eight-foot solid wood doors, and soundproof walls. Recent upgrades total over $13,000 and include AC unit repairs, a complete Ethernet network upgrade with new switches and server/firewall replacement, and the installation of a cellular fire alarm backup system. The building is equipped with over a mile of Cat 5 fiber optic cabling and a unique, in-town fiber optic internet line. Currently accommodating 18 employees comfortably, the property also includes a 2,000-square-foot unfinished basement suitable for storage or additional office space. This prime commercial property is priced at $1,599,999. The property is located in San Juan County, New Mexico.

    Property Features for 2705 Rabbitbrush Dr

    General Information

    Property type
    Land
    Square Feet
    8,210 SF

    HighLights

    • $1,599,999 asking price for 8,210 SF commercial land.
    • Located at 2705 RABBITBRUSH Drive, Farmington, NM 87402.
    • Features include six baths, three kitchens, eight executive offices, conference rooms, and large flex office areas.
    • Recent upgrades include HVAC repairs, network infrastructure improvements, and a cellular fire alarm backup.
    • Includes over a mile of Cat 5 fiber optic cabling and a dedicated fiber optic internet line.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    safer u driving Driving School Trattel Court Reporting ... Court Reporter MiMutual Mortgage, Farmington ... Mortgage Lender Jeanne Frame, Loan ... Mortgage Lender Wyatt Mace: Allstate ... Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -108.1703883
    Latitude
    36.7542779

    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 - 8,210 sq ft Commercial Land, $1.6M
    Where is this land located?
    The property is located at 2705 Rabbitbrush Dr Farmington, NM.
    What is the asking price?
    The asking price for this property is $1,599,999.
    What are key features of this property?
    This property features: $1,599,999 asking price for 8,210 SF commercial land.; Located at 2705 RABBITBRUSH Drive, Farmington, NM 87402.; Features include six baths, three kitchens, eight executive offices, conference rooms, and large flex office areas.
    (505) 327-3900
    Request Owner's contact information
    2705 Rabbitbrush Dr 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.
    2705 Rabbitbrush Dr
    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
    2705 Rabbitbrush Dr 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.