1201 Monterey Ave Farmington, NM 87401
- Land
Current Use by Public Records
- Land
Property Details for 1201 Monterey Ave
- Property type
- Land
Description
This exceptional commercial land parcel, located at 1201 Monterey Avenue, presents a unique investment opportunity. Spanning 8,808 square feet, the property is designated for single-tenant occupancy, offering significant potential for development or expansion. Its ideal location provides excellent visibility and accessibility, making it an attractive proposition for a variety of commercial ventures. The property is classified as commercial land and is currently vacant, allowing for complete design flexibility and customization to suit specific business needs. The expansive lot size provides ample space for construction, parking, or landscaping, catering to a wide range of potential uses. Given its size and strategic location, this property represents a rare chance to acquire a substantial commercial land holding with significant upside potential. The single-tenant nature of the property simplifies management and leasing, making it an attractive option for both investors and owner-occupiers. Serious inquiries are encouraged to explore the possibilities this prime commercial land parcel offers. The property is ready for immediate development, presenting a streamlined path to realizing your commercial vision. This is a truly exceptional opportunity to secure a valuable asset in a desirable location. Further details are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- San Juan
- State
- New Mexico
- Longitude
- -108.2
- Latitude
- 36.743
