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    Nya 853.5 Nm 170 Farmington, NM 87401

    For Sale
    $40,000

    7.6 Acres, Buildable Land, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 7.6-acre parcel presents a unique opportunity for development in Farmington, New Mexico. Situated directly on Highway 170, this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial or residential projects. The land offers ample space for building, with the added benefit of privacy afforded by its size and location. The asking price is $40,000. The property is located at 853.5 NM 170, Farmington, NM 87401, within San Juan County. Its geographical coordinates are 36.8608533 latitude and -108.2127029 longitude. While the lot size is not explicitly stated in square footage, the substantial acreage provides significant potential for development. The property's highway frontage ensures high traffic exposure, making it an attractive location for businesses seeking increased visibility. The combination of size, location, and accessibility makes this a compelling investment opportunity in a growing New Mexico market. Serious inquiries are encouraged to explore the possibilities of this remarkable land parcel. The property is classified as Land.

    Property Features for 0 Nya 853.5 Nm 170

    General Information

    Property type
    Land

    HighLights

    • 7.6‑acre commercial land parcel in Farmington, NM, ideal for various development projects.
    • Excellent highway frontage on NM 170 ensures high visibility and accessibility.
    • $40,000 asking price.
    • Located at 853.5 NM 170, Farmington, NM 87401.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.2127029
    Latitude
    36.8608533

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    FAQs

    What type of property is this?
    Land - 7.6 Acres, Buildable Land, Prime Location
    Where is this land located?
    The property is located at Nya 853.5 Nm 170 Farmington, NM.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: 7.6-acre commercial land parcel in Farmington, NM, ideal for various development projects.; Excellent highway frontage on NM 170 ensures high visibility and accessibility.; $40,000 asking price.
    Request Owner's contact information
    Nya 853.5 Nm 170 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
    Nya 853.5 Nm 170 Farmington, NM 87401
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