Property profile

0 Xx Cannery Ct Farmington, NM 87401

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional .35-acre commercial land parcel presents a unique investment opportunity in the thriving city of Farmington, New Mexico. Located at XX CANNERY Court, zip code 87401, this non-residential lot offers significant potential for developers and investors seeking a strategic location for various commercial ventures. The property's address is conveniently situated within San Juan County, providing easy access to major transportation routes and essential amenities. With a listed price of $49,900, this offering represents an attractive entry point into the Farmington commercial real estate market. The expansive lot size allows for considerable flexibility in development plans, accommodating a wide range of commercial projects. Given its prime location and the potential for substantial returns, this property is an ideal choice for those seeking to capitalize on the growing commercial landscape of Farmington. The property is zoned for non-residential use, and interested parties are encouraged to conduct their own due diligence regarding zoning regulations and development possibilities. This is a rare opportunity to acquire a well-positioned commercial lot in a dynamic and expanding market. The latitude and longitude coordinates are 36.7238907 and -108.2209127 respectively. Serious inquiries are welcome.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Xx Cannery Ct Farmington, NM 87401
Farmington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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