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    3787 Lot 271 Rd Farmington, NM 87401

    For Sale
    $32,500

    Spectacular views, 43,560 sq ft lot.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 43,560 square foot lot in Farmington, New Mexico, presents a unique opportunity to build your dream home. Boasting breathtaking views of the La Plata Mountains and Shiprock, this property offers unparalleled natural beauty. Located on Lot 271 Road 3787, zip code 87401, in San Juan County, the land is conveniently situated with utilities readily available in the street. The property's location in Morningstar offers the advantage of natural gas access. The completion of the bridge connecting Main Street to County Road 3900 will further enhance accessibility, placing Farmington just minutes away. This expansive lot provides ample space for a custom home and offers the perfect blend of seclusion and convenience. The coordinates are 36.7503156 latitude and -108.1145844 longitude. The asking price for this remarkable property is $32,500. Don't miss this chance to own a piece of New Mexico's stunning landscape.

    Property Features for 3787 Lot 271 Rd

    General Information

    Property type
    Land

    HighLights

    • $32,500 asking price for this land parcel.
    • 43,560 square foot lot.
    • Located in Farmington, NM, at LOT 271 ROAD 3787, zip code 87401.
    • Natural gas available. Utilities at street.
    • Mountain views. Convenient access to Farmington upon bridge completion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.1145844
    Latitude
    36.7503156

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    FAQs

    What type of property is this?
    Land - Spectacular views, 43,560 sq ft lot.
    Where is this land located?
    The property is located at 3787 Lot 271 Rd Farmington, NM.
    What is the asking price?
    The asking price for this property is $32,500.
    What are key features of this property?
    This property features: $32,500 asking price for this land parcel.; 43,560 square foot lot.; Located in Farmington, NM, at LOT 271 ROAD 3787, zip code 87401.
    (505) 327-4838
    Request Owner's contact information
    3787 Lot 271 Rd 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
    3787 Lot 271 Rd Farmington, NM 87401
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