For Sale
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Property summary
This exceptional commercial land parcel, located at 1705 W MAIN Street in Farmington, New Mexico, presents a unique investment opportunity. The property boasts a sizable 1,500 square foot lot, ideal for a variety of commercial developments. Its single-tenant designation offers flexibility and control for potential buyers. Situated in the 87401 zip code, this property benefits from convenient access to key transportation routes and local amenities. The address is prominently located on W MAIN Street, ensuring high visibility and accessibility for any future business. Given its size and location, this lot is well-suited for a range of commercial ventures, from small retail spaces to light industrial uses. The property is designated as commercial land, providing a clear path for development. Detailed site plans and zoning information are readily available upon request. This is a rare chance to acquire a well-positioned commercial lot in a thriving New Mexico community. The property's location offers excellent potential for strong returns on investment. Serious inquiries are encouraged to explore the possibilities of this prime commercial land. The latitude and longitude coordinates are 36.7313892 and -108.2335029 respectively.
Property profile
VerifiedCap rate & NOI
Current use
-
Car Dealership
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Farmington market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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