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Property profile & analytics
OFF-MARKET Estimated value $710,000
Drive through restaurants

2300 Main St Farmington, NM 87401-7720

2,832 SF 1.18 ac lot Built 2016
Entity Owned Free & Clear
Property ID
US61-0936629
Property summary
AI-generated overview

This exceptional 87,120 square foot commercial land parcel presents a unique investment opportunity in Farmington, New Mexico. Located at 2300 W Main Street, this property boasts an unparalleled location, bordering West Main Street, Gooding Street, and Apache Street, offering exceptional visibility and accessibility. The asking price is $1,500,000. Its strategic position makes it ideal for a wide range of commercial ventures. The expansive lot size provides ample space for development, allowing for significant flexibility in design and functionality. The property's address is 2300 W Main Street, Farmington, NM 87401, within San Juan County. Its geographical coordinates are latitude 36.732847 and longitude -108.237823. This prime location offers significant potential for high returns, making it an attractive proposition for discerning investors seeking a high-impact commercial development site in a thriving New Mexico market. The property is classified as commercial land and is ready for immediate development. Given its size and location, this property represents a rare opportunity to acquire a significant commercial land holding in a desirable area. Don't miss this chance to secure a piece of Farmington's vibrant commercial landscape.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2016
Total area 2,832 SF
Lot 1.18 ac (51,401 SF)
APN 2074172308215
UPID US61-0936629
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
  • Carl's Jr. Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$710k
Owner & transaction history
2300 EAST MAIN STREET LLC
2300 EAST MAIN STREET LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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