Technical
Financial
Distress signals
Property profile

2100 Riv Rd Farmington, NM 87401

OFF-MARKET
Auto shops
Property ID
US61-0393097
4,000 SF 0.5 ac lot Built 1975
Individually Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial land parcel, located at 2100 River Road in Farmington, New Mexico, presents a unique investment opportunity. The property boasts a sizable 2,000 square foot lot, ideal for a variety of commercial developments. Its single-tenant designation offers streamlined management and potential for long-term lease agreements. The address is conveniently situated in Farmington, NM, zip code 87401, providing easy access to local amenities and transportation routes. The property is classified as commercial land for single-tenant occupancy. Given its size and location, this lot is well-suited for businesses seeking a prominent presence in a thriving community. The property's latitude and longitude coordinates are 36.7352077 and -108.1796096 respectively. This presents a blank canvas for developers to create a tailored commercial space to meet their specific needs and vision. The absence of existing structures allows for complete design flexibility and customization. Serious inquiries are encouraged to explore the potential of this valuable commercial land offering. This is a rare opportunity to acquire a strategically located commercial lot in a growing market. The property is ready for immediate development, making it an attractive option for investors seeking a quick return on investment.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1975
Total area 4,000 SF
Lot 0.5 ac (21,780 SF)
APN 2074172389059
UPID US61-0393097

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor
  • Park
  • HVAC Service General Contractor

Location

2100 Riv Rd Farmington, NM 87401-2208
Farmington metro Census 207 FARMINGTON, NM METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2013
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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