7701 Main St Farmington, NM 87402
This exceptional 174,240 square foot commercial land parcel presents a unique investment opportunity in Farmington, New Mexico. Located at 7701 E Main Street, this almost 5-acre site boasts 913 feet of highway frontage, ensuring high visibility and accessibility. The property includes an existing 11,734 square foot concession stand equipped with takeaway windows, a grill with hood, a triple-bay wash sink, and two restrooms. Further enhancing its income potential is a currently operational cell tower lease and three highway signs generating existing revenue streams. While the existing home and shop are sold "as is," the property's significant size and strategic location offer endless possibilities for redevelopment or expansion. The property's rich history as the location of the Farmington Flea Market for over 50 years adds to its unique appeal. This motivated seller presents a compelling opportunity to acquire a substantial commercial property with proven income streams and significant development potential in a thriving New Mexico market. The property is situated in San Juan County, NM, zip code 87402. This is a rare chance to own a piece of Farmington's commercial landscape.
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Farmington Flea Market (Bike/Boat/Book/etc) Store
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
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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.