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    4400/4410 Lomas St Farmington, NM 87401

    For Sale
    $825,000

    Prime Commercial Property, 14,400 SF

    Property size:
    14,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property, located at 4400/4410 Lomas St. in Farmington, New Mexico, presents a unique investment opportunity. Spanning 2.97 acres, this property boasts a substantial 14,400 square feet of combined building space, ideal for a variety of commercial uses. The building features a professionally updated office area, complemented by a large warehouse space, perfectly suited for businesses requiring both administrative and storage capabilities. The property is fully fenced, providing security and ample space for parking and the storage of heavy equipment. Its convenient location on the west side of Farmington, off Troy King Road, ensures excellent visibility and accessibility. The property is available for sale at $825,000 and is also available for lease. Access is readily available via a provided access code, making showings simple and efficient. This versatile property offers a compelling combination of office and warehouse space, ample land, and a strategic location, making it an attractive proposition for discerning investors and businesses alike. The property is ready for immediate occupancy by a buyer or tenant. Don't miss this chance to acquire a prime commercial property in a thriving New Mexico market.

    Property Features for 4400/4410 Lomas St

    General Information

    Property type
    Land
    Square Feet
    14,400 SF
    Lot Size
    129,373 SF

    HighLights

    • $825,000 asking price.
    • 2.97‑acre lot with 14,400 square feet of building space.
    • Located at 4400/4410 Lomas St., Farmington, NM 87401.
    • Special purpose commercial property, suitable for office and warehouse use.
    • Fenced lot with ample parking and space for heavy equipment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Wholesale Shop Auto Repair Shop Auto Parts Store Kitchen & Bath Department Store HVAC Service Storage Facility Electrical Service

    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
    -108.2689112
    Latitude
    36.7417535

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    FAQs

    What type of property is this?
    Land - Prime Commercial Property, 14,400 SF
    Where is this land located?
    The property is located at 4400/4410 Lomas St Farmington, NM.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: $825,000 asking price.; 2.97-acre lot with 14,400 square feet of building space.; Located at 4400/4410 Lomas St., Farmington, NM 87401.
    Request Owner's contact information
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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
    4400/4410 Lomas St Farmington, NM 87401
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