2621 E 20Th St Farmington, NM 87401
For Lease
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This exceptional 12,732 square foot commercial land parcel presents a unique investment opportunity. Located at 2621 E 20TH Street, this single-tenant property offers significant potential for development or redevelopment. The expansive lot size provides ample space for a variety of commercial ventures, allowing for flexibility in design and functionality. Its strategic location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence. The property is designated as commercial land, suitable for a wide range of uses, subject to local zoning regulations. This is a blank canvas for a discerning investor or developer looking to capitalize on a prime location and substantial land area. The absence of existing structures allows for complete customization, maximizing the potential return on investment. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Further due diligence is recommended to confirm zoning and permitted uses. This is a rare opportunity to acquire a significant commercial land parcel in a desirable location. The property is offered as-is.
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Southwest Cash & Carry Grocery & Convenience Store Distribution Center
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Shamrock Foods Co Grocery & Convenience Store Distribution Center
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Little Caesars Pizza Restaurant
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Raindrops of the Four Corners (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.