X1 Main St Farmington, NM 87401
- Land
Current Use by Public Records
- Land
Property Details for X1 Main St
- Property type
- Land
Description
This exceptional 12.3-acre parcel, located at X1 W MAIN Street, Farmington, NM 87401, presents a remarkable investment opportunity. Boasting 522,720 square feet of largely level land within Farmington city limits, this property offers unparalleled highway frontage on Highway 64, ensuring high visibility for any commercial venture. The land's strategic position between two city streets provides convenient access and ample space for development. Existing utilities are readily available at the street. The property's elevated location on Harper Hill provides stunning views, including a clear view of Shiprock on favorable days. Further enhancing its appeal, the property generates an annual income of $1200 from a billboard sign. This expansive tract is ideal for a wide range of commercial uses, from large-scale businesses to residential subdivision lots. Its versatility and prime location make it a highly desirable asset in the thriving Farmington market. The asking price is $668,800.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- San Juan
- State
- New Mexico
- Longitude
- -108.265
- Latitude
- 36.7382
