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Property profile & analytics
OFF-MARKET
Commercial real estate

Main St St Farmington, NM 87401

1.63 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 1.63 ac (71,003 SF)
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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