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    2901 20Th St Farmington, NM 87401

    • Office Properties & Spaces
    • 9,785 SF
    • 0.61 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US61-0365769
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mortgage Solutions Financial Farmington / Mortgage Lender
    • Rebecca Jasper & Associates / Psychologist / Psychotherapist
    • FedEx Drop Box / Mailing Service
    • Daily Times / Newspaper Publisher
    • Dr. Robert Bentley / Chiropractor / Practitioner Service Location

    Property Details for 2901 20Th St

    Year built
    1978
    Lot size
    0.61 lot acres
    Property size
    9,785 SF
    Property type
    Office Properties & Spaces
    APN
    2074172053515
    APU
    2074172053515

    Description

    This exceptional commercial land parcel, located at 2901 E 20TH Street in Farmington, New Mexico, presents a unique investment opportunity. The property encompasses a sizable 2,300 square foot lot, ideal for a variety of commercial developments. Its single-tenant designation offers streamlined management and potential for customized development. The property's address is conveniently situated in Farmington, NM, zip code 87401, providing easy access to local amenities and transportation routes. The geographic coordinates are 36.7471661 latitude and -108.214028 longitude. This is a blank canvas for a discerning investor seeking to establish a new commercial venture or expand an existing one. The property is classified as commercial land with a single-tenant occupancy. The lot size is significant, offering ample space for construction and potential future expansion. Given its size and location, this property is well-suited for a range of commercial uses, making it an attractive prospect for developers and entrepreneurs alike. The opportunity to acquire this prime commercial land in Farmington, New Mexico, is not to be missed. Serious inquiries are encouraged.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    San Juan
    State
    New Mexico
    Longitude
    -108.168
    Latitude
    36.7478
    CBSA code
    22140
    CBSA name
    FARMINGTON, NM METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,066
    $0.00
    $0.00
    $298,229
    -
    $0.00
    $0.00
    $894,687

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    2901 20Th St
    Farmington, NM 87401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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