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    7500 Main St Farmington, NM 87402

    For Sale
    $65,000

    Prime C-2 Zoned Land, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional commercial land parcel, located at 7500 E Main Street in Farmington, New Mexico, presents a unique development opportunity. Situated on the corner of Mayfair and E Main Street, this property boasts an enviable location with high visibility and significant highway frontage on NM 516. The 0 square foot lot is zoned C-2, opening the door to a wide range of commercial uses. Its strategic placement ensures excellent exposure to a high volume of traffic, making it ideal for businesses seeking maximum visibility and accessibility. The asking price for this prime commercial land is $65,000. Given its location, zoning, and high traffic count, this property represents a compelling investment for developers and entrepreneurs looking to establish a thriving business in a dynamic and growing area. The property's address is easily accessible and situated within the 87402 zip code of Farmington, San Juan County, New Mexico. This is a rare opportunity to acquire a strategically located commercial lot with significant potential for future development and growth. The property's location offers excellent visibility and accessibility, making it an attractive option for a variety of commercial ventures. Don't miss this chance to secure a piece of prime Farmington real estate.

    Property Features for 7500 Main St

    General Information

    Property type
    Land
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel Auto Parts Store Kitchen & Bath

    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
    -108.110807
    Latitude
    36.786883

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    FAQs

    What type of property is this?
    Land - Prime C-2 Zoned Land, High Visibility
    Where is this land located?
    The property is located at 7500 Main St Farmington, NM.
    What is the asking price?
    The asking price for this property is $65,000.
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    7500 Main St Farmington, NM 87402
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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
    7500 Main St Farmington, NM 87402
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