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Property profile

4400/4410 Lomas St Farmington, NM 87401

OFF-MARKET
Specialty properties
14,400 SF 2.97 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 4400/4410 Lomas St. in Farmington, New Mexico, presents a unique investment opportunity. Spanning 2.97 acres, this property boasts a substantial 14,400 square feet of combined building space, ideal for a variety of commercial uses. The building features a professionally updated office area, complemented by a large warehouse space, perfectly suited for businesses requiring both administrative and storage capabilities. The property is fully fenced, providing security and ample space for parking and the storage of heavy equipment. Its convenient location on the west side of Farmington, off Troy King Road, ensures excellent visibility and accessibility. The property is available for sale at $825,000 and is also available for lease. Access is readily available via a provided access code, making showings simple and efficient. This versatile property offers a compelling combination of office and warehouse space, ample land, and a strategic location, making it an attractive proposition for discerning investors and businesses alike. The property is ready for immediate occupancy by a buyer or tenant. Don't miss this chance to acquire a prime commercial property in a thriving New Mexico market.

Property profile

Verified
Property type Specialty properties
Total area 14,400 SF
Lot 2.97 ac (129,373 SF)

Cap rate & NOI

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

Location

4400/4410 Lomas St 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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