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Property profile & analytics
FOR SALE
Office Spaces

2005 N Lee Ave Farmington, NM 87401

1,600 SF 0.24 ac lot Built 1979
Individually Owned Free & Clear
Property ID
US61-0365550
Property summary
AI-generated overview

This exceptional 1600-square-foot commercial building presents a fantastic opportunity in Farmington, NM. Situated on a 0.24-acre lot, the property boasts a large, fenced storage yard, ideal for various business needs. The building features upgraded electrical systems, a partial solar power setup, and ample office and storage space, ensuring efficient operations. The property includes conveniently located, handicapped-accessible restrooms and newer refrigerated air conditioning for year-round comfort. A dedicated customer parking area is also available, enhancing convenience for clients and employees. Previously used as an electrical service company, this versatile space offers significant potential for a wide range of commercial uses, including a recreational facility (REC). The building's robust infrastructure and ample outdoor space make it an attractive option for businesses seeking a well-maintained and functional property in a desirable location. The combination of updated amenities and a spacious layout makes this a truly unique opportunity. Don't miss out on this chance to acquire a prime commercial property in a thriving community.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1979
Total area 1,600 SF
Lot 0.24 ac (10,280 SF)
APN 2074173074024
UPID US61-0365550
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • billings electric inc General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rosa Carrillo
Rosa Carrillo
since 2026
4 recorded transactions
2026
Price N/A
2025
Price N/A
2018
Price N/A
2008
$160,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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