Zoned Multi-Family Development
For Sale
$399,000
N BUTLER Avenue, Farmington, NM 87401
Commercial Sale, Farmington, NM
Property SizeContact for details
Lot Size4.25 Acres
Days on Market51
Property Features for N BUTLER Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Multi-Fam Med Dens
Subdivision
NORTHRIDGE COMMERCIAL
Directions
Approximately 0.9 miles South of Pinon Hills Blvd on N Butler Ave. Property is on the right.
Standard status
Active
Lot size
4.25 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
NORTHRIDGE COMMERCIAL SUBDIVISION REPLAT 6 LOT 2B BK.1667 PG.968
Tax Annual Amount
3558
Legal Description
NORTHRIDGE COMMERCIAL SUBDIVISION REPLAT 6 LOT 2B BK.1667 PG.968
Listing Agency:
RE/MAX of Farmington · RE/MAX International
(505) 327-4777
Listed By:
Sam Todd · License #18471
(505) 320-9557
Added: Jul 20
Changed: Aug 19
Last Checked: Sep 8 at 5:06AM
MLS# 26-867
Copyright © 2026 San Juan County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4.25-acre development parcel is zoned Multi-Family Medium Density (MF-MD). The listing presents the site as suitable for multifamily or mixed-use development, with long-term investment considerations.
The property is located on N BUTLER Avenue in Farmington, New Mexico, and is described as adjacent to a public park. Additional context provided includes proximity to established retail and commercial plazas and approximately 1.4 miles south of Pinon Hills Boulevard on Dustin Avenue.
All interested parties should review the MF-MD zoning and confirm site-specific development requirements and feasibility for their intended use.
The property is located on N BUTLER Avenue in Farmington, New Mexico, and is described as adjacent to a public park. Additional context provided includes proximity to established retail and commercial plazas and approximately 1.4 miles south of Pinon Hills Boulevard on Dustin Avenue.
All interested parties should review the MF-MD zoning and confirm site-specific development requirements and feasibility for their intended use.
Key Highlights
- 4.25‑acre development site zoned Multi‑Family Medium Density (MF‑MD)
- Zoned for multifamily and allows for medium‑density development per MF‑MD designation
- Located on Dustin Avenue, approximately 1.4 miles south of Pinon Hills Boulevard
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 87401, NM
44,724
Population
17,611
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
88%
High-School Grad
132.8 sq mi
ZIP Area
337
Density / Sq Mi
$56,358
Median Household Income
$31,362
Median Earnings
$983
Median Rent
$202,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 4.25-acre development site zoned Multi-Family Medium Density (MF-MD) with adjacency to a public park.
Where is this commercial land located?
The property is located at N BUTLER Avenue Farmington, NM.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 4.25‑acre development site zoned Multi‑Family Medium Density (MF‑MD); Zoned for multifamily and allows for medium‑density development per MF‑MD designation; Located on Dustin Avenue, approximately 1.4 miles south of Pinon Hills Boulevard
