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Property profile & analytics
OFF-MARKET
Distribution centers

2551 La Plata Hwy Farmington, NM 87401

3,458 SF
Property ID
US61-1609306
Property summary
AI-generated overview

This Farmington, NM investment property offers a unique opportunity. Priced at $99,000, the property encompasses a 3,458 square foot warehouse situated on a 1.35-acre lot at 2551 La Plata Hwy, zip code 87401. The property includes a three-bedroom, one-bathroom home. An additional building on the site presents potential for retail use. A repurposed railroad car, previously used as a dog kennel, is also located on the property. The property is zoned industrial and is conveniently located off La Plata Highway. While the property requires some work, its size, location, and multiple potential uses make it an attractive investment prospect. Please note that a 24-hour notice is required for all showings. This is a rare chance to acquire a versatile industrial property in a growing area. The property's potential for various uses, including residential, retail, and storage, makes it a highly attractive investment. Serious inquiries only.

Property profile
Verified
Property type Distribution centers
Total area 3,458 SF
UPID US61-1609306
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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