Property profile

390 R0561598 Farmington, NM 87401

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 3/4-acre lot, identified as LOT 10 ROAD 390 (R0561598), presents a unique opportunity for building in the desirable Crouch Mesa subdivision of Farmington, New Mexico. Located in San Juan County, this level lot offers easy access from a main road, eliminating difficult terrain challenges often associated with land development. The property is conveniently situated in the 87401 zip code, providing proximity to local amenities and services. Priced affordably at $25,000, this parcel represents exceptional value for its size and location. The lot's flat terrain simplifies construction, making it ideal for either site-built homes or mobile homes. This is a rare chance to acquire a build-ready lot in a sought-after area, offering the potential to create a custom home tailored to your specific needs and preferences. The property's legal description is R0561598. Don't miss this chance to secure your piece of Crouch Mesa. Act quickly, as opportunities like this are seldom available. The geographic coordinates are 36.7347985 latitude and -108.0853549 longitude.

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

390 R0561598 Farmington, NM 87401
Farmington metro
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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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