This exceptional 0 sq ft commercial land parcel in Farmington, New Mexico, presents a unique investment opportunity. Located at 212 in San Juan County, zip code 87401 (36.7471661, -108.214028), this historically significant property served as the home of KENN and KRWN radio for nearly 60 years. The property is categorized as commercial land, but importantly, it is zoned for mixed-use development, offering considerable flexibility for future projects. Detailed zoning information is available in the provided documents. Any offers are contingent upon zoning and use approval by the prospective buyer. The provided data encompasses information for multiple structures on the site: two buildings and a tower, all presenting potential income-generating possibilities. Prospective buyers are responsible for verifying all data provided. This is a rare chance to acquire a piece of Farmington's broadcasting history and develop a thriving mixed-use venture. The asking price for this significant property is $265,000. The buyer is responsible for conducting due diligence to confirm all aspects of the property and its potential uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.