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Property profile & analytics
OFF-MARKET
Land

4109 Main St Farmington, NM 87402

6.26 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 6.26-acre commercial land parcel is strategically located at 4109 E. Main Street in Farmington, New Mexico, (APN R0024557). Zoned GC (General Commercial), this property offers significant development potential. The land is priced at $9 to $14.75 per square foot. This high-visibility location boasts a high-volume intersection with nearly 50,000 cars passing daily, ensuring maximum exposure for any commercial venture. The property benefits from a signalized intersection and provides full right-in, right-out, and left-in, left-out access, enhancing convenience for customers and employees. Ample parking is available, making it ideal for retail, restaurant, or other commercial uses requiring substantial parking capacity. The area is already home to a thriving retail environment, with established businesses such as Walgreens, Home Depot, TJ Maxx, Best Buy, Petco, Safeway, and Hobby Lobby nearby. This presents a unique opportunity to join a successful commercial corridor and capitalize on the high traffic volume and established customer base. The property's zoning allows for a variety of uses, including box retailers, recreational facilities, hospitality businesses, and multifamily developments. This prime location and versatile zoning make this a highly desirable investment opportunity.

Property profile
Verified
Property type Land
Lot 6.26 ac (272,686 SF)
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
  • Maverik Gas Station
  • Haliburton Oilfield
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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