130 Airport Dr Farmington, NM 87401

Property Details for 130 Airport Dr

Year built

1960

Lot size

2.19 lot acres

Property size

31,930 SF

Property type

Flex space

APN

2076171516371

APU

2076171516371

Description

This exceptional commercial property in Farmington, NM, presents a lucrative investment opportunity. Located on a high-traffic corner at W Main and Airport Drive, this 32,305 square foot property sits on a 2.19-acre lot, encompassing an entire city block. The brick/block construction features six potential rental units, currently with one existing tenant. Unit 1, an existing car lot, includes a gated outdoor area, private fenced storage, and a spacious showroom with updated HVAC, multiple offices, and reception areas. A split-level upper floor offers additional office space and storage. Unit 2, a 1,350 square foot space, has a private entrance, common area, offices, and storage. Unit 3 is a substantial 15,000+ square foot heated shop boasting 20-foot ceilings, abundant natural light, four large roll-up doors, multiple offices, restrooms, auto lifts, and a wash bay. Unit 4 provides 8,730 square feet of three-floor storage, including cold storage, and an office. Unit 5, a leased shop, features roll-up doors, offices, a restroom, and private parking. Finally, Unit 6 is a smaller detached shop. The property's prime location and substantial size offer significant potential for rental income and future development. The potential for negotiating the inclusion of existing business assets, including supplies and receivables, adds further value to this compelling investment.

Location Insight

City

Farmington

County

San Juan

State

New Mexico

Longitude

-108.22

Latitude

36.7298

CBSA code

22140

CBSA name

FARMINGTON, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments