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Property profile & analytics
OFF-MARKET
Land

1015 Bisti Hwy Farmington, NM 87401

Property ID
Property summary
AI-generated overview

This exceptional 8-acre commercial/industrial land parcel, located at 1015 Bisti Hwy in Farmington, New Mexico, presents a compelling investment opportunity. Priced at $850,000, the property boasts a substantial 348,480 square feet of land, offering significant development potential. Its prime location ensures high visibility, with over 23,000 vehicles passing daily, making it ideal for a diverse range of businesses. The property's accessibility is further enhanced by its convenient access point and readily available utilities, either on-site or directly accessible from the street. Situated in San Juan County, New Mexico, with a zip code of 87401, this expansive lot provides endless possibilities for entrepreneurs and developers seeking a strategic location in a high-traffic area. The latitude and longitude coordinates are 36.720736 and -108.221926 respectively. This is a rare opportunity to acquire a significant land holding in a thriving New Mexico market. The property is classified as Land.

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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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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