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Property profile & analytics
OFF-MARKET
Land

5001 Redwood Ave Farmington, NM 87402

Property ID
Property summary
AI-generated overview

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.

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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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