5001 Redwood Ave Farmington, NM 87402
This exceptional 217,800 square foot lot is located at 5001 REDWOOD Avenue, Farmington, NM 87402, in San Juan County. Priced at $81,000, this property presents a fantastic opportunity for building your dream home. The land is already cleared and leveled, saving you significant time and expense in site preparation. Its expansive size offers ample space for a substantial residence, along with potential for landscaping and outdoor amenities. The convenient location within Farmington provides easy access to local amenities, schools, and transportation routes. This is a rare chance to acquire a sizable, ready-to-build lot in a desirable area. The property is zoned for residential use (verification of zoning with local authorities is recommended). All utilities are available at the street. Don't miss this chance to secure your ideal building site. Act quickly, as properties like this are in high demand. The seller is related to the listing agent.
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.