Main St St Farmington, NM 87401
This exceptional 1.63-acre commercial lot presents a remarkable investment opportunity in the heart of Farmington, New Mexico. Boasting excellent frontage on East Main Street, this property enjoys unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The lot is completely level, simplifying development and minimizing site preparation costs. Utilities are conveniently located on-site, streamlining the construction process and reducing development timelines. Its strategic location near downtown Farmington ensures high traffic volume and exposure to a substantial customer base. The versatility of this property allows for diverse development options, including retail spaces, office buildings, or mixed-use projects. This prime location offers significant potential for growth and profitability in a thriving and dynamic community. The property's high visibility and convenient access make it an exceptional choice for businesses seeking maximum exposure and a strong presence in the Farmington market. This is a rare opportunity to acquire a highly desirable commercial lot in a prime location with significant upside potential. Don't miss this chance to secure a piece of Farmington's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.