7701 Main St Farmington, NM 87402
- Land
Current Use by Public Records
- Farmington Flea Market / Flea Market
Property Details for 7701 Main St
- Property type
- Land
Description
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.
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
- -108.106
- Latitude
- 36.7878
