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Property profile & analytics
OFF-MARKET
Commercial real estate

2575 Main St Farmington, NM 87401

5 ac lot
Property ID
US61-0941813
Property summary
AI-generated overview

This exceptional 5-acre commercial lot is situated on Farmington's rapidly developing West Side, boasting 300 feet of frontage along the south side of West Main Street. Its strategic location places it between UPS to the west and Jiffy Lube to the east, with prominent businesses like ESSCO Pipe, Wendy's, and Los Hermanitos directly across the street. The lot itself is largely level and cleared, prepared for immediate development, although a small wooded area exists along the southern edge. Infrastructure is already in place, including curb and road cut from Main Street, and all utilities are readily accessible either on-site or within the street. This property offers excellent visibility and accessibility, making it ideal for a variety of commercial uses, including service-oriented businesses, retail establishments, or even office/professional buildings. The seller is open to considering offers for dividing the lot. This is a rare opportunity to acquire a highly desirable commercial parcel in a thriving area of Farmington, New Mexico. The property is located at 2575 W Main St, Farmington, NM 87401. The asking price is $675,000.

Property profile
Verified
Property type Commercial real estate
Lot 5 ac (217,800 SF)
UPID US61-0941813
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
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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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