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    FOR LEASE
    Distribution centers

    2203 W Main St Farmington, NM 87401

    17,790 SF 1.06 ac lot Built 1974
    Entity Owned Free & Clear
    Property ID
    US61-1635316
    2203 W Main St, Farmington, NM 87401 For Lease 1 / 91
    $9 SF/Yr 17,790 SF available
    2203 W Main St, Farmington, NM 87401
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    Property summary
    AI-generated overview

    This exceptional 1.89-acre commercial land parcel, located at 2203 W Main St, Farmington, NM 87401, presents a unique ground lease opportunity in the desirable Four Corners submarket. The property boasts 82,328 square feet of land with 164 feet of frontage, ideal for a variety of commercial developments. Zoned for General Commercial use, this site offers significant potential for retail or pad site development. The property's location within the Farmington submarket cluster ensures high visibility and accessibility. The site includes an existing ±17,790 square foot warehouse building with freezer/cooler areas situated on approximately 1.06 acres. An additional ±0.83 acre parcel directly adjacent to the east provides ample space for yard area, truck court, or expansion. This combined offering presents a rare opportunity to acquire a substantial land holding in a thriving commercial area. The single-tenant nature of the existing warehouse provides flexibility for future development plans. This property is perfect for businesses seeking a strategic location with excellent access and ample space for growth. The property's location in Farmington, New Mexico, offers a strong local market and convenient access to regional transportation networks. Serious inquiries are encouraged to explore the possibilities of this prime commercial land offering.

    Property profile
    Verified
    Property type Distribution centers
    Use group DISTRIBUTION WAREHOUSE
    Year built 1974
    Total area 17,790 SF
    Lot 1.06 ac (46,304 SF)
    APN 2077171480413
    UPID US61-1635316
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Garden Spot Produce Co Food Market Specialty Food Shop
    1 occupant on record
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    by Request
    Owner & transaction history
    GARDEN SPOT PRODUCE INC
    GARDEN SPOT PRODUCE INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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