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    309 20Th St Farmington, NM 87401

    Sponsored
    For Sale
    $1,400,000

    14,000 SF Metal Building, High Traffic

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property located at 309 E 20TH Street, Farmington, NM 87401, presents a unique investment opportunity. The 14,000 square foot metal building boasts a prime location with high traffic counts, ensuring excellent visibility and accessibility for any business. Recent upgrades include a new roof and refrigerated air conditioners, ensuring energy efficiency and comfort. The property features a substantial 30+ space paved parking lot, enhancing convenience for customers and employees. Further enhancing its functionality are a large electrical service, a comprehensive surveillance system, and a built-in sound system. The building also includes handicap-accessible bathrooms and a ramped front door, ensuring inclusivity. Inside, the property includes computer equipment. A 40-foot storage container is included with an acceptable offer. The seller is open to negotiating the sale of a potential baseball equipment package, which includes machines, weights, balls, inventory, and nets. This versatile property is ideal for a variety of commercial uses and presents a strong return on investment. The property is situated in San Juan County, New Mexico.

    Property Features for 309 20Th St

    General Information

    Property type
    Land
    Square Feet
    14,000 SF

    HighLights

    • $1,400,000 asking price.
    • 14,000 square foot metal building on a commercial lot in Farmington, NM.
    • Located at 309 E 20TH Street, Farmington, NM 87401.
    • Features include a 30+ space paved parking lot, updated roof and AC, large electrical service, surveillance and sound systems, handicap‑accessible restrooms, and a ramped entrance.
    • Potential for sale of included baseball equipment and a 40‑foot storage container.
    Property Profile Location Intelligence

    Current Use by Public Records

    Strikezone Baseball & Softball School Strike Zone Academy ... Sports Complex

    Suggested Use

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

    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
    -108.2010309
    Latitude
    36.7477092

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    FAQs

    What type of property is this?
    Land - 14,000 SF Metal Building, High Traffic
    Where is this land located?
    The property is located at 309 20Th St Farmington, NM.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: $1,400,000 asking price.; 14,000 square foot metal building on a commercial lot in Farmington, NM.; Located at 309 E 20TH Street, Farmington, NM 87401.
    Request Owner's contact information
    309 20Th St Farmington, NM 87401
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    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
    309 20Th St Farmington, NM 87401
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