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Property profile & analytics
OFF-MARKET
Land

3782 Lot 163 Rd Farmington, NM 87401

Property ID
Property summary
AI-generated overview

This exceptional 87,120 square foot lot, located at LOT 163 ROAD 3782, Farmington, NM 87401, presents a unique opportunity for building your dream home. Priced at $35,000, this 2.03-acre parcel is situated within the Morningstar Town Ranches community, a rapidly developing area. A significant advantage is the recent installation of natural gas lines, a game-changer for the neighborhood. Utilities are conveniently located in the street, simplifying the construction process. The ample space allows for the creation of a substantial home with plenty of room for landscaping and outdoor living. The property's location offers future convenience, with shopping expected to be just minutes away once the bridge connecting Main and 3900 is completed. This lot is situated in San Juan County, New Mexico, and offers a compelling investment opportunity in a growing community. The coordinates are 36.7582624 latitude and -108.1167393 longitude. Don't miss this chance to secure your piece of land in this desirable location.

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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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