3775 Lot 299 Rd Farmington, NM 87401
This exceptional 1.22-acre building lot presents a unique opportunity to build your dream home in Farmington, New Mexico. Located at LOT 299 ROAD 3775, this property boasts breathtaking 360-degree views, making it an ideal location for those seeking a tranquil and picturesque setting. The lot is conveniently situated with readily available utilities, including natural gas, water, and electricity already in the street, simplifying the construction process. Protective covenants are in place to maintain the aesthetic appeal and value of the surrounding area. The property is priced affordably at $32,500, representing excellent value for a lot of this size and location in Farmington. The address is verified as LOT 299 ROAD 3775, Farmington, NM 87401, with GPS coordinates at 36.7528793 latitude and -108.1091503 longitude. This is a rare opportunity to acquire a buildable lot with stunning views and convenient utility access in a desirable location. Don't miss out on this chance to create your perfect home in a beautiful New Mexico setting. The lot size is 1.22 acres, though the official recorded square footage is listed as 0. This property is located in San Juan County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.