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Industrial Land Parcel

4.55 ACRES W MURRAY Drive, Farmington, NM 87401

For Sale
$300,000

Commercial Sale, Farmington, NM

Property SizeContact for details
Lot Size4.55 Acres
Days on Market329

Property Features for 4.55 ACRES W MURRAY Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Directions From West Main Street turn south on West Murray Drive. Property is on the right.
Subdivision 8E
Standard status Active
Lot size 4.55 Acres

Taxes and HOA fees

Tax Description BEG AT E1/4 CORNER OF SEC 17 29 13, THENCE N 81-45-52W 2094.22 FT TO POINT OF BEG, THENCE S 20-29-13W 290.81 FT, N89-19
Tax Annual Amount 2675
Legal Description BEG AT E1/4 CORNER OF SEC 17 29 13, THENCE N 81-45-52W 2094.22 FT TO POINT OF BEG, THENCE S 20-29-13W 290.81 FT, N89-19
Listing Agency: Real Estate PROS
Listed By: Jodi Brown · License NM #45463
Added: Dec 17, 2025 Changed: Oct 19 Last Checked: Nov 10 at 5:06PM
MLS# 25-1562

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.

Rey
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Investment Insights

Based on property information with market context.

This 4.55-acre industrial land parcel is positioned along West Murray Drive in Farmington, New Mexico. The property provides roadway frontage, visibility, and access within an area characterized by established commercial and industrial activity. Its size supports site planning for a single facility or a phased development approach, subject to applicable approvals and site conditions.

The parcel is located in San Juan County within the Four Corners trade area and has proximity to regional transportation routes. Industrial and commercial properties surround the site. The rear portion of the land may be within a flood zone, an important consideration for development planning and due diligence.

Key Highlights

  • 4.55 acres of industrial land
  • Frontage along West Murray Drive in Farmington, NM
  • Commercial and industrial properties surround the parcel

Property Analytics

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Location Intelligence

Trade Area within ½ mile

749
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land with West Murray Drive access and surrounding commercial and industrial uses.
Where is this industrial land located?
The property is located at 4.55 ACRES W MURRAY Drive Farmington, NM.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 4.55 acres of industrial land; Frontage along West Murray Drive in Farmington, NM; Commercial and industrial properties surround the parcel
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